In million
Share capital Share premium Sub-Total Balance in P&L account Total

1,507 10,600 12,107 4,899 7,208

1,504 5,502 7,006 2,760 4,246

As we know Bajaj Allianz Life Insurance Company Limited is a Union between Allianz SE, one of the world’s largest Life Insurance companies and Bajaj Auto, one of the biggest 2&- 3 wheeler manufacturers in the world. Bajaj Allianz is the second insurance company after ICICI Prudential in terms of market share in insurance market in India. This is mainly due to these two reasons : Bajaj Allianz Life Insurance Company distribution has the advantage knowledge of of a vast Indian network,

8 crore and has become the only private insurer to cross the .66% in 2006-07. As on 31st March 2009. Therefore. The name Bajaj is a family name which is well established in the minds of the Indian consumer It with its dominant is one of the leading presence in the auto sector in India for decades together. 2866 crore. Bajaj Allianz Life Insurance Co Ltd has reported a growth of 52% and its market share went up to 6. Bajaj Allianz General Insurance maintained its premier position in the industry by achieving growth as well as profitability.36%. The company ranked second (after LIC) in number of policies sold in 2007-08. The company garnered a premium income of Rs. private life insurance players in India currently. Bajaj Allianz has made a profit before tax of Rs. with total market share of 7.consumers and financial stability to support the insurance business. achieving a growth of 11 % over the last year. 149.98% in 2007-08 form 5.

100 crore mark in profit before tax in the last two years. During the period ended 31st Dec 2008. 1211 crores as on 31st December 2008. The profit after tax was Rs. The solvency as on 31 st Dec 2008 stands at 261% (required solvency is 150%). no additional capital has been infused. MARKET SHARE OF VARIOUS LIFE INSURANCE COMPANIES IN INDIA .Rs.95 crores The share capital (including share premium) is Rs.

Bajaj friendly services company in Insurance Industry. .CONCLUSION Bajaj Allianz Allianz is a Insurance customer is the Fastest & best growing private Life Insurer in India.

Despite challenging environment. As on 31st Dec 2008.764 staff at 31st March 2008.138 offices as on 31 Dec 2008 .The Company operates out of 1. the Company employed on roll 22.129 staff as against 20. the company has been able to not only reduce commission but also operating expenses. The solvency margin of the company continues to be very strong.

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