Bajaj Finserv , a prominent player in the Indian financial services sector, has released the monthly business performance data for its unlisted insurance subsidiaries for September 2025. The report, submitted to the Insurance Regulatory and Development Authority of India (IRDAI) and respective insurance councils, provides insights into the operations of Bajaj General Insurance Limited and Bajaj Life Insurance Limited.

General Insurance Performance

Bajaj General Insurance Limited reported robust growth in its gross direct premium underwritten:

The company clarified that the gross direct premium was reported in accordance with the IRDAI Master Circular on Actuarial, Finance and Investment Function of Insurer, 2024, and an IRDAI directive dated 18 October 2024.

Life Insurance Business

Bajaj Life Insurance Limited also showcased strong performance in its new business segment:

The life insurance subsidiary's total new business for September 2025 amounted to Rs. 1,374.58 crore, while the cumulative figure for the April-September 2025 period reached Rs. 6,327.17 crore.

It's worth noting that the data provided is provisional and subject to a limited review or audit by statutory auditors. This transparency in reporting aligns with the regulatory requirements set by SEBI under the Listing Obligations and Disclosure Requirements Regulations, 2015, and the Prohibition of Insider Trading Regulations, 2015.

The consistent reporting of such detailed financial data demonstrates Bajaj Finserv's commitment to transparency and regulatory compliance in the insurance sector.

Bajaj Finserv , a leading financial services company in India, has announced a significant corporate restructuring of its insurance businesses. The company is set to acquire Allianz SE's 26% stake in their joint ventures, increasing the Bajaj Group's ownership to 100% from the previous 74%.

Rebranding Initiative

As part of this transition, Bajaj Finserv has rebranded its insurance businesses, dropping the Allianz name:

The company has launched a new campaign emphasizing its Indian roots: '100% Bajaj. Made in India. Made for India. Made by India.'

Regulatory Approvals and Acquisition Process

Bajaj Finserv has secured all necessary regulatory approvals for this transition, including:

• Registrar of Companies
• Competition Commission of India
• Insurance Regulatory Development Authority of India

The share acquisition is expected to be completed in the coming months. Upon acquiring at least 6.1% of Allianz's stake, the joint venture agreements will terminate, and Allianz will be reclassified from Promoter to Investor.

Financial Performance

Amidst these corporate changes, Bajaj Finserv reported strong financial results:

Corporate Action Timeline

This strategic move positions Bajaj Finserv for potential growth and increased control over its insurance operations, aligning with its vision of being a fully Indian-owned and operated financial services provider.