Bajaj Allianz Life Announces Rs 1,833 Cr Bonus For Fy25 Policyholders

Bajaj Allianz Life Insurance has announced a important yearly prize amounting to Rs 1,833 crore for nan financial twelvemonth 2024–25 (FY25). This prize represents a 32% summation compared to nan Rs 1,383 crore declared nan erstwhile year, benefitting much than 1.17 cardinal policyholders. These policyholders clasp accepted participating policies that remained progressive arsenic of March 31, 2025. The prize is originated from nan surplus generated nether nan insurer's participating money and will beryllium disbursed upon argumentation maturity aliases exit, pursuing nan circumstantial position of nan policies. 

The institution announced a typical reversionary prize of 5%, amounting to ₹206 crore, for policyholders of 2 equity-oriented plans. This typical prize applies to policyholders of 2 equity-focused plans: Bajaj Allianz Life ACE – Wealth Option and Bajaj Allianz Life Flexi Income Goal – Enhanced Benefit. This motion underlines nan company's committedness to delivering accordant worth to its policyholders, further enhancing nan benefits of their finance plans.

When tin security holders expect nan bonus

Policyholders tin expect to person their bonuses either astatine nan clip of argumentation maturity aliases exit, arsenic per nan insurer's policy. In immoderate cases, rate bonuses whitethorn beryllium allocated annually connected nan argumentation day based connected nan circumstantial position of nan policy.

Tarun Chugh, nan managing head and main executive serviceman of Bajaj Allianz Life Insurance, announced that nan institution has achieved its highest-ever yearly participating (PAR) prize of Rs 1,833 crore this year. This accomplishment is simply a testament to nan sound finance strategies and beardown financial guidelines of nan company. As of March 31, 2025, Bajaj Allianz Life Insurance boasted an individual declare colony ratio of 99.29 per cent and a solvency ratio of 359 per cent. 

This twelvemonth marks nan 24th consecutive twelvemonth that Bajaj Allianz Life has announced specified a bonus, highlighting their attraction connected providing sustained value. Bajaj Allianz Life Insurance operates arsenic a associated task betwixt Bajaj Finserv Ltd and Germany's Allianz SE. As of March 31, 2025, nan institution has reported assets nether guidance exceeding Rs 1.23 lakh crore and demonstrated a beardown individual declare colony ratio of 99.29%. These figures underscore nan insurer's coagulated financial instauration and operational efficiency. 

Published on: May 8, 2025 5:23 PM IST