Annual Report 2014-2015 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 2014-15. During the financial year, Total assets of the Company stood at Rs. 89,018,539 Crore. The Company’s gross written premium grew to Rs. 5,305 Crore in 2014-15 from Rs. 4,580 Crore in the previous year, which is an increase of 16%. The net earned premium during the year 2014-15 was Rs. 3,840 Crore as against Rs. 3,489Crore in the previous year, a growth of 10%. The combined ratio stood at 96.7%as against 98.1% recorded in 2013-14. The Company earned profit before tax (PBT) of Rs. 777 Crore during the year 2014-15 as compared to Rs. 587 Crore during the previous financial year, an increase of 32%. The profit after tax (PAT) for the year 2014-15 was Rs. 562 Crore as compared to Rs. 409 Crore during the previous financial year. Earnings per Share (EPS) for the year Rs. 51.01.

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