Bajaj Finserve to list on Monday

Bureaus
Posted: 2008-05-22 22:58:49+05:30 IST
Updated: May 22, 2008 at 2258 hrs IST

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Bajaj Allianz Life Insurance had a gross written premium for year ended March 31, 2008 of Rs 9,730 crore, which was a growth of 82% over previous year. New business premiums was Rs 6,700 crore. The loss of the life insurance business was at Rs 214 crore. Bajaj Allianz General Insurance’s gross written premium increased 43% to Rs 2,580 crore and net premium earned increased 69% and PBT was up 40% to Rs 170 crore. PAT was at Rs 106 crore. Motor insurance accounted for 58% of the business while corporate insurance was 28% of the business. Bajaj FinServ declared a dividend of 20% of Rs 1 per share....