Bajaj Allianz

Group No-5 Insurance Sector•Devesh Kar (2211118) •Santosh Kesari (2211152) •Rahul Khandelwal(2211143) •Balraj Singh(2211156) •Sandeep Singh(2211157) •Nitin Pujari(2211143) •Karan(2211127) •Prajeet(2211141) 1

2

A Brief Study Of Bajaj Allianz “Allianz Knows Insurance and Bajaj Knows India BETTER!”

Existence of Bajaj Allianz On 2nd May 2001 Company got registration under “IRDA” to conduct Insurance business (including Health Insurance business) in India.

Vision

Mission As a responsible, customer focused market leader, we will strive to understand the insurance needs of the consumers and translate it into affordable products that deliver value for money.

Key Achievements in FY 2005-06 :

Bajaj Allianz- THE PRESENT • Product tailored to suit your needs  • Decentralised organisation structure for faster response  • Wide reach to serve you better – a nationwide network of 700 +  branches  • Specialised departments for Bancassurance, Corporate Agency  and Group Business  • Well networked Customer Care Centres (CCCs) with state of art  IT systems    • Highest standard of customer service & simplified claims process  in the industry  • Website to provide all assistance and information on products  and services, online buying and online renewals.  • Toll-free number to answer all your queries, accessible from  anywhere in the country – Call Now 1800 22 5858 and a strong tele-marketing and Direct marketing team • Swift  and easy claim settlement process 

Focused Sales Network

Tie Ups With Banks Pioneers of Bancassurance in   India... Having pioneered the  phenomenon, Bancassurance is  one our core business strategies.  Two of our strong Bancassurance  tie-ups are: Standard Chartered Bank  Syndicate Bank

Performance Of the Year 2004-2005

FY 200405 GWP

Rs 1000Cr

New Business

Rs 860 Cr

FY2003-04 Growth in Percentag e Rs219 Cr

375%

Rs 179 Cr

380% (3times the pvt insurers average)

Market Share amongst 15.5% pvt Insurers

7.3%

112%

Market Share amongst 3.39% all Insurers

0.95%

257%

Rank amongstn pvt Insures

2

6

Pvt Life Insures FYP growth

128%

All Life Insurers FYP growth

35%

Ranking Of other Life Alliance Revenues $ billion

Ranking in

Allianz AG-Germany

85.92 82.99

3

ING GroupNetherlands AIG-USA

4 5

Aviva-France Prudential-UK

52.31 35.82

12 20 34 48 106

Sr.

Foreign Partner

1 2

62.40

Fortune 500

13

Allianz - Allianz AG with over 110 years of experience in over 70 countries Bajaj Auto - Trusted for over 55 years in the Indian market

14

The Company has an authorized and paid capital of Rs 110 crores. Bajaj Auto holds 74% and the remaining 26% is held by Allianz, AG, Germany 15

It’s Achievements… .

Bajaj Allianz today has a network of 42 offices spread across the length and breadth of the country. From Surat to Siliguri and Jammu to Thiruvananthapuram, all the offices are interconnected with the Head Office at Pune.

Fiscal Year

No of policies sold in  GWP in FY  FY 

2001-2002 (6mths)

21,376

Rs 7 cr. 

2002-2003

1,15,965

Rs 69 cr. 

2003-2004

1,86,443

Rs 221 cr.

2004-2005

2,88,189

Rs 1002 cr. 

2005-2006

7,81,685

Rs 3134 cr. 

Ratios for the year ended 31st March

Particulars

2006

2005

Growth in Gross Written Premium

50%

78%

Growth in Net Earned Premium

58%

61%

PBT/Shareholders' Equity

30%

42%

151%

66%

Return on Average Equity

24%

29%

Retention

55%

56%

Claims Ratio

70%

61%

Liquid Assets/Net Outstanding Claims

39%

142%

108%

109%

47%

49%

Reserves/Share Capital

Insurance Reserves/NEP Shareholders' Equity /NEP

IMPORTNT RATIOS CURRENT RATIO QUICK RATIO NET PROFIT RATIO ASSETS TURNOVER RATIO RETURN ON CAPITAL EMPLOYED PROPERITORY RATIO DEBT EQUITY RATIO

Debt equity ratio 2004-2005 Debt equity ratio = Long term debts/ shareholders fund Long term debts 12269.9 Shareholders fund 41343.5 Debt equity ratio 0.29

2002-2003 Debt equity ratio = Long term debts/ shareholders fund Long term debts 14671.5 shareholders fund 47707.3 Debt equity ratio 0.30

Assets turnover ratio 2004- 2005 Assets turnover ratio= Sales / total assets

2005- 2006 Assets turnover ratio= Sales / total assets

Sales 65416.0 total assets 55012.4

Sales 85498.6 total assets 63254.6

asset turnover ratio = 1.18 times

asset turnover ratio = 1.35

NET PROFIT RATIO 2004- 2005 N.P RATIO =NPAT/SALES *100

2005- 2006 N.P RATIO =N.P/SALES *100

Net profit Sales

Net profit Sales

11016.3 85498.6

NP ratio

12.88

NP ratio

7668.1 65416 11.72

Proprietory ratio 2004-2005 Proprietary ratio = proprietors fund / T.A proprietory fund =41343.50 Total assets=55012.4 Proprietary ratio=0.75

2005-2006 Proprietary ratio = proprietors fund / T.A proprietory fund 47707.3 total assets 63254.6 proprietory ratio 0.75

CURRENT RATIO 2004-2005 C.A = 25897.4 C.L = 27939.7 C.A. RATIO = C.A. / C.L =0.92

2005-2006 C.A = 28560.7 C.L. = 35447.6 C.A. RATIO = C.A. / C.L = 0.86

QUICK RATIO 2004-2005 Q.R. = Q.A/ Q.L QUICK ASSETS = C.A. – STOCK – PREPAID ADVANCES QUICK LIABLITIES = C.L. – BANK OD Q.R.= 23655.7\27939.7 = 0.84

2005-2006 Q.R. = Q.A/ Q.L QUICK ASSETS = C.A. – STOCK – PREPAID ADVANCES QUICK LIABLITIES = C.L. – BANK OD Q.R.= 25831.4\35447.6 = 0.72

Return on capital employed 2004- 2005 Return on cap. Emp. = PBIT/ Capital Employed

2005- 2006 Return on cap. Emp. = PBIT/ Capital Employed

PBIT=10864.4 Capital Employed=55012.4

PBIT=15807.4 Capital Employed=63254.6

Return on cap. Emp=19.74

Return on cap. Emp=24.99

Financial Highlights Year 2005 -06

Comparison Between Life Insurance Compan