PB Fintech’s health insurance business is growing four times faster than the industry, says the group’s CEO – CNBC TV18 says

PB Fintech Chairman and Group CEO, Yashish Dahiya said, the company’s health insurance business, which is currently growing four times faster than the industry, is the ‘long -term driver of value for the company’.

Health insurance currently exceeds 60% of the company’s net current value (NPV). And more than 30% of the total premium collected.

Dahiya also shared PB Fintech’s plans for Pesabazar, aimed at converting unsecured credit, savings and investments into a pure personal finance platform covering investments. Strong integration between Paisabazaar and Policybazaar makes it easier to connect products such as credit cards with two-wheel sales. The company will share more information on this integration at a month’s time.

The company hopes that by the end of the next financial year (2025–26), currently, above 5,500 crores, cash of more than 6,000 crores.

Also read: There are 1,000 insurance companies in India in a decade: Bajaj Allianz

“For investors, it is fast a very stable company that has a lot of cash flow and cash, but it is also a very young company. Think of an 18 -year -old child. Just invest. Just invest. Dahiya said Dahiya. Said.

For the December quarter of 2024, the net profit of PB Fintech increased by 88% year to ₹ 71 crore. Revenue increased by 48% to ₹ 1,292 crore.

Also read: Davos 2025 | Sanjeev Bajaj says

The market capitalization of PB Fintech is ₹ 77,364.19 crore. Its stock has increased by about 68% in the last one year.

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