Annual Report 2009-2010 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 2009-10. During the financial year, Total assets of the Company stood at Rs. 330,449,200 million. The Company wrote new business of Rs. 44.5 billion compared to Rs. 44.9 billion in the previous year registering a marginal negative growth rate of 1%. The gross premium written for the financial year 2009-10 was Rs. 114.2 billion, as compared to Rs. 106.2 billion in the previous year, registering a growth of 7.5%. The Company earned a profit of Rs. 4,274 million during 2009-10, as compared to a profit of Rs. 407 million in the previous year. The total Shareholders’ profit after tax thus stands at Rs 5,423 million compared to a loss of Rs. 707 million in the previous year.

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