Bajaj Auto Limited · NSE:BAJAJ_AUTO
Bajaj Auto — Bajaj Allianz Life Insurance — FY2008 Earnings Presentation
10 slides from Bajaj Auto's earnings presentation, 2008
Slide 1: Bajaj Allianz Life Insurance Co
BAJAJ ALLIANZ LIFE INSURANCE CO 1
Slide 2: Industry: Favorable economic environment
Industry Favorable economic environment … GDP growth fastest amongst the world Asia’s 4th largest emerging market with fastest growth Strong manufacturing base and growing service industry Untapped potential in urban, semi-urban & rural towns Large base of young population Rising aspirations and inc
Slide 3: Industry contd
Industry contd … As a result … Industry growth rate : Overall – 23% Private players – 74% Market penetration – just 4.8% High concentration in metros and large cities New business premium – 23% to Rs. 930 billion Market share of private insurers – to 36% (P.Yr – 26%) 3
Slide 4: Bajaj Allianz Life: Amongst private insurers
Bajaj Allianz Life Amongst private insurers … Second largest in new business premium In first position on number of policies issues Gross Written Premium – 82% Rs. 97 billion v/s Rs. 53 billion in P. Yr Market share – 10.3% v/s 7.4% in P. Yr Number of policies – 3.7 million v/s 2.1 million in P. Yr
Slide 5: Performance Summary
Performance Summary Rs. In billion Apr-Mar 08 Apr-Mar 07 Gross written premium 97.2 53.4 New business premium 67.0 43.0 Net earned premium 97.1 53.3 Total income 107.1 57.4 Annualized premium 60.0 32.3 equivalent Profit / ( Loss ) (2.1) (0.7) Net contribution to policy 2.9 0.9 holders account 5
Slide 6: Shareholders funds
Shareholders funds Rs. in million 2007-08 2006-07 Share Capital 1,507 1,504 Share premium 10,600 5,502 Sub-total 12,107 7,006 Balance in P & L account (4,899) (2,760) Total 7,208 4,246 Total capital infused during the year – Rs. 5,101 million Share capital – Rs. 3 million Share premium – Rs. 5,098 m
Slide 7: New Business Achieved Profit - FY08
Bajaj Allianz Life New Business Achieved Profit – FY08 New Business Achieved Profit Rs. 12,029 million Economic Assumptions Particulars Assumptions Cash / Money Market / TB 5.0% G Secs 8.0% Corporate bond 8.5% Equities 12.0% Inflation 5.0% Risk discount rate 13.25% 12.5% ( plus 10% surcharge + Tax r
Slide 8: New Business Achieved Profit (contd.)
Bajaj Allianz Life New Business Achieved Profit ( contd.) Sensitivity The sensitivity of the New Business Achieved Profit to Economic assumptions is given below: Rs. in million Particulars Base Value +1% -1% Investment Income 12,029 13,020 10,954 Risk Discount rate 12,029 10,717 13,512 Further Consi
Slide 9: Cautionary Statements
Bajaj Allianz Life Insurance Co Ltd Cautionary Statements Except for the historical information contained herein, certain statements & values are forward –looking statements & values including, but not limited to, statements & values that are predictions of or indicate future events, trends, plans o
Slide 10: Thank you
Thank you No part of this presentation is to be circulated, quoted, or reproduced for any distribution without prior written approval from Bajaj FinServ Limited, Mumbai-Pune Road, Akurdi, Pune-411 035, India. Certain part of this presentation describing estimates, objectives and projections may be a
Bajaj Allianz Life Insurance — FY2008 Earnings Presentation on 6ix