Bajaj Allianz General & #8217;S Net At Rs 9.6 Crore For Fiscal & #8216;03

Bajaj Allianz General Insurance Co has reported a profit before tax of Rs 17 crore and a net profit of Rs 9.6 crore in its first full year of operations. The 74:26 joint venture between Bajaj Auto and Allianz has retained the number one position among the private general insurance companies.

In fiscal 2003, Bajaj Allianz has mopped up a premium income of Rs 300 crore, a 100 per cent jump from last year