Annual Report 2004-2005 of Bajaj Allianz General Insurance Company Limited

It is a broadly described annual report of Bajaj Allianz General Insurance Company Limited in the year of 2004-05. During the financial year, Total assets of the Company stood at Rs. 7,375,646,604 million. The Company was successful in writing gross premium of Rs. 8561 million in the year under review compared to Rs. 4798 million in the previous year, an increase of 78%. The net premium income for the year was Rs. 4793 million compared to Rs. 2864 million in the previous year, an increase of 67%. The Company has earned a net profit after tax of Rs. 470.91 million for the year ended 31^st March 2005 against a net profit of Rs. 216.89 million for the year ended 31^st March 2004, which is an increase of 117%. Earnings per Share (EPS) for the year Rs. 4.28.

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