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Bajaj Finserv reported healthy provisional performance across its insurance subsidiaries for June 2026

ICICIdirect Research 10 Jul 2026 DISCLAIMER

News: Bajaj Finserv reported healthy provisional performance across its insurance subsidiaries for June 2026. Bajaj General Insurance’s gross direct premium underwritten (GDPI) grew ~21.8% YoY to ₹1,760 crore for the month of June 2026, while GDPI for Q1FY27 rose ~11.6% YoY to ₹5,769 crore. Bajaj Life Insurance reported strong new business premium growth, with total premium for June 2026 rising ~76.6% YoY to ₹1,503.9 crore. On a cumulative basis, life insurance new business premium for Q1FY27 grew ~56.3% YoY to ₹3,676.8 crore, driven by healthy growth across individual single premium, individual non-single premium and group single premium segments

View: Insurance businesses delivered a healthy start to Q1FY27, with general insurance maintaining steady premium growth while life insurance reported strong traction in new business premiums, while lending business is expected to support revival further

Impact: Positive

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