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Bajaj Allianz to introduce over 10 products in FY14

The Pune-based company expects to grow above the industry average by around 4% in 2014

January 02, 2014 12:10 IST | India Infoline News Service
Bajaj Allianz General Insurance is expected to close the current fiscal with around Rs. 600 crore profit and a premium income of over Rs 4,700 crore, according to a media report.

The Pune-based company expects to grow above the industry average by around 4% in 2014, the report added.

Private general insurer had reported premium income of Rs 4,000 crore in the last fiscal.

The insurer is also planning to introduce around 10 products in the current year.

Bajaj Allianz is the joint venture between Germany-based Allianz Group and Bajaj Finserv in which 74% of stake is held by the later.

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