BAJAJFINSV / Q4-FY25 / claim-ledger

Audit the questions that mattered.

Bajajfinsv · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ4-FY25 · 2025-04-30Back to quarter ↗

Questions audited

Answered directly

58%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Avinash Singh · Emkay Global

partial

Will BAGIC increase retention given strong capital and CBR rule changes?

If the CBR rule changes, if the fact gets more difficult, we have enough to be able to retain also, and we have enough underwriting competence...

Avinash Singh · Emkay Global

partial

What product mix and VNB margin trajectory for Bajaj Life?

We expect hence the VNB margin trajectory to be far more steeper and hence a higher growth in VNB margin versus what you would see in the revenue side.

Swarnabh Mukherjee · B&K Securities

partial

Why is BAGIC loss ratio benign? Reserve releases and expense increase?

What you're seeing as elevated combined ratio is actually an outcome of GWP not being there in the quarter because of the 1/n regulations...

Swarnabh Mukherjee · B&K Securities

evasive

How much crossover is baked into BALIC's VNB margin?

All the overruns are accounted when we report our VNB and margins. I did not understand the question...

Swarnabh Mukherjee · B&K Securities

partial

What is the nature and profitability of Bajaj Health's international business?

Our aim will be to convert that transaction volume into capabilities, which we can probably offer to international insurers...

Madhukar Ladha · Nuvama Wealth Management

partial

How will BALIC's AP and VNB growth pan out in FY26-27?

You should expect overall for us a higher growth in VNB in this coming year. I think that is the message I would like to leave you with.

Madhukar Ladha · Nuvama Wealth Management

direct

What caused operating variance and assumption changes in BALIC's EV?

There were fewer new segments... some of them have produced a little lower persistency... On the ellipse side also... we have seen some surrenders...

Madhukar Ladha · Nuvama Wealth Management

direct

Why is BAGIC's GWP growth slow and losing market share?

If you look at the year-end number... if I adjust for the segment-wise number... it would be that the only two lines of business where our share would be lower... crop insurance and... capital business...

Manish Dhariwal · Fiducia Capital Advisors

direct

How will the flavor of insurance businesses change after buying 100%?

We now have at 100% a lot more leeway to look at strategic opportunities... we can look at the pension business... international foray...

Manish Dhariwal · Fiducia Capital Advisors

evasive

When will Bajaj Health become meaningful on the balance sheet?

Number relevance is a matter of spreadsheet work. What we are focused on is that we add value to Indian ecosystem...

Umang Shah · Banyan Tree Advisors

direct

What is BALIC's largest bancassurance partner contribution?

The largest one contributes to about 22% of our business.

Sanketh Goda · Avendus Spark

partial

How confident is BAGIC that 25% tender-based business will repeat?

If the market tender-based business is close to about 30%-35% business, and you have a 25% tender-based business, I think perfectly fine...