Annual Report 2011-2012 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 2011-12. During the financial year, Total assets of the Company stood at Rs. 53,789,999 Crore. The Company’s gross written premiums, excluding inward business from the IMTPIP, grew from Rs. 29,055 Million in 2010-11 to Rs. 33,376 Million in 2011-12, which is an increase of 14.9%. The Net Earned Premium during the year excluding the premiums from motor pool was Rs. 21,955 Million as against Rs. 19,309 Million in the previous year, a growth of 13.7%. The Profit before Tax (PBT) for the year was Rs. 1,939.9 Million compared with Rs. 619.1 Million in the previous year, an increase by 213.3 %. The Profit after Tax (PAT) for the year was Rs. 1,236.5 Million against Rs. 432.7 Million in the previous year, an increase of 185.8 %. Earnings per Share (EPS) for the year Rs. 11.22.

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