Allianz's stake in both the life and general insurance companies is pegged at Rs 30,000 crore, according to Emkay report
Founded in 2001, Bajaj Allianz General Insurance is one of the biggest private insurers in India, while Bajaj Allianz Life Insurance is among the fastest-growing life insurers in India
The fund aims to provide capital appreciation by investing in equities that are part of the Nifty Alpha 50 Index
Know about eligibility, key features and premium amount in Policybazaar table
It aims to address the dissatisfaction of policyholders during claim settlement arising due to lack of understanding, intricate details and fine print of the insurance policy
Smiles are a mood-lifter, says Tapan Singhel, whose wellness matra includes not leaving tasks pending
Bajaj Allianz Life Insurance on Wednesday said its assets under management has surpassed the Rs 1 lakh crore mark. The Pune-based leading private sector life insurance player in a statement said this makes them one of the fastest growing life insurers among the top-10 players and the AUM touching Rs 1 lakh crore reflects a 1.8 times growth from Rs 56,085 crore in FY20. Bajaj Allianz Life Managing Director and Chief Executive Tarun Chugh said this is a milestone and is a testament to the trust that the customers have in the company. In the last three years till August 2023, the company has grown exponentially with the individual new business annual premium equivalent growing at 41.3 per cent at a compounded rate as against the industry growth rate of 13.5 per cent and the private sector's 22.4 per cent. This significant growth revival has helped the company achieve the Rs 1,00,000 crore AUM milestone. At an overall industry level, the market share of Bajaj Life has almost doubled f
Tarun discusses strategies to boost sales in the remaining months of this financial year, with introduction of new products
Bajaj Allianz is the only major insurer in India which provides an insurance policy specifically for adventure sports.
Offer will benefit 1.14 mn policyholders, says insurance company
The Supreme Court's notice said if Bajaj Allianz does not deposit the amount the stay will be vacated
Singhel has already completed 10 years as the MD & CEO of the company
Since the insured had died on January 12, 2015, well within the auto-cover period, the National Commission held the claim to be payable
The experience in group term has been worsening because group term is more efficient in reporting claims, says MD Chugh
The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others
In the segment, life insurers are able to give better post-tax returns than fixed deposits, Chugh said
With the unabated rise in Covid-19 cases in the country, leading non-life insurer Bajaj Allianz has called for setting up a 'pandemic pool'
IRDAI has so far received 173 proposals, most of which incentivise wellness in the health insurance space through the use of apps and wearable devices
CEO Tarun Chugh says median age of Indians is 25 years and they are not looking for life insurance
Shares of Indian technology companies have been hurt by uncertainty about US visas