Bajaj Finserv September business update: Life insurance total premium at ₹1,374 crore

Bajaj Finserv announced its September update for its life insurance business.  In an exchange filing, Bajaj Life Insurance's total premium for September stood at ₹1,374.6 crore. In addition, the general insurance September gross direct premium underwritten stood at ₹2,218.8 crore.

This marks a month-on-month decline, as, in August, the company's total Premium in the life insurance department stood at ₹1,484.8 crore. In addition, the gross direct premium underwritten stood at ₹2,063 crore.

A Look Back At Q1

Before the Q2 results, when we look back at the Q1 developments, in the first quarter of FY26, the company attained a total Income of ₹31,480 crore, compared to ₹23,280 crore, up 35% on a yearly basis. Net Profit rose 10%, as the bottom line rose to ₹2,138 crore, compared to ₹1,943 crore YoY.  In teh first quarter, the general insurance business saw a 15% rise in net earned premium YoY.

The life insurance business, on the other hand, saw renewal premiums of 30.4% YoY.

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