Annual Report 2006-2007 of Bajaj Allianz Life Insurance Company Limited

It is a broadly described annual report of Bajaj Allianz Life Insurance Company Limited in the year of 2006-07. During the financial year, Total assets of the Company stood at Rs. 67,631,851 million. The Company wrote new business of Rs. 42,698 million compared to Rs. 27,168 million in the previous year and registered a market share of 5.7% compared to 7.6% in the previous year. The Gross Written Premiums grew to Rs. Rs. 53,100 million, as compared to Rs. 31,336 million in the previous year, which is showing a growth of 70% over the previous year. The Company posted a healthy profit of Rs. 662 million as compared to a loss of Rs. 367 million in the previous year.

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