Annual Report 2015-2016 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 2015-16. During the financial year, Total assets of the Company stood at Rs. 105,087,813 Crore. The Company’s Gross Written Premium, including reinsurance accepted, for FY 2016 was Rs. 5,901 Crore as compared to Rs. 5,301 Crore during the previous year. The Net Earned Premium, which measures the premium retained after reinsurance and reserves for unexpired risks, grew by 10% at Rs. 4,224 Crore as against Rs. 3,832 Crore during the previous year. The Company earned Profit before Tax (PBT) of Rs. 771 Crore during FY 2016 as compared to Rs. 777 Crore during the previous financial year. The Profit after Tax (PAT) for FY 2016 was Rs. 564 Crore as compared to Rs. 562 Crore during the previous Financial Year. Earnings per Share (EPS) for the year Rs. 51.19.

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