Bajaj Finserv Insurance Verticals - September 2025 Performance Update

Key Highlights for September 2025: Life Insurance: The total premium collected for the life insurance business stood at ₹1,374.6 crore. This reflects a month-on-month (MoM) decline of approximately 7.4% compared to the ₹1,484.8 crore premium collected in August 2025. General Insurance: The general insurance business demonstrated positive momentum, with Gross Direct Premium Underwritten (GDPI) reaching ₹2,218.8 crore. This marks a notable MoM increase of approximately 7.6% from ₹2,063 crore reported in August 2025. Broader Context: Q1 FY2026 Performance Recap To provide a comprehensive perspective, it is important to recall the strong performance delivered in the first quarter of fiscal year 2026 (Q1 FY26): Consolidated Growth: The company posted a robust 35% year-on-year (YoY) increase in Total Income to ₹31,480 crore. Net Profit also grew by 10% YoY to ₹2,138 crore. Segment Strength: The general insurance business recorded a solid 15% YoY rise in net earned premium in Q1. The life insurance division showed significant strength in customer retention and continuity, with renewal premiums growing by 30.4% YoY during the same period. Summary: While the life insurance segment experienced a sequential dip in September, the general insurance vertical exhibited strong MoM growth. The monthly performance should be viewed against the backdrop of a very strong Q1 FY26, which showcased robust foundational growth across all key financial and operational metrics for the company.