Business Standard

Need to watch out for inflation impact: Bajaj Allianz General Insurance CEO

The general insurance industry has reported sound growth in the first quarter (Q1) of financial year 2022-23 (FY23) thanks to group health and motor businesses

Our aim is to help people drive better: Tapan Singhel
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Bajaj Allianz General Insurance MD & CEO Tapan Singhel

Subrata Panda
The general insurance industry has reported sound growth in the first quarter (Q1) of financial year 2022-23 (FY23) thanks to group health and motor businesses, while retail health — the growth driver for the past two years — seems to have slowed. Tapan Singhel, managing director and chief executive officer of Bajaj Allianz General Insurance, spoke to Subrata Panda in an interview about the emerging trends, impact of inflation, and prospects of motor business. Edited excerpts:

How was business in Q1, given there were no restrictions because of Covid?
 
The big issue for the general insurance industry across the globe

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