The Pune-headquartered life insurer has been topping industry growth chart for long
This includes one-time bonus of Rs 315 cr, over and above regular bonus; company says it is the 20th consecutive year that it is declaring a bonus
This includes a special one-time bonus of Rs 315 crore
Bajaj Allianz Life on Wednesday said it will offer financial support of up to Rs 1 crore to the family of its employees impacted by COVID-19.
The private sector life insurer said its assets under management have crossed the Rs 70,000-crore milestone by the end of December
Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic
As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.
Tapan Singhel, managing director (MD) and chief executive officer (CEO), Bajaj Allianz General Insurance, in an interview with Subrata Panda, speaks about the company's business during the lockdown.
We are disclosing as much and sometimes more than what the listed companies are disclosing
Acceleration in corporate earnings growth in FY20 is expected to drive the markets from here on, Reddy says. From an allocation perspective, he still prefers large-caps
---Blurb'This classical discussion that life insurance products should only have life insurance covers and should not have investment along is entirely misplaced' ---TARUN CHUGH, managing director and chief executive officer at Bajaj Allianz Life Insurance Company, to Advait Rao Palepu on the changes in the sector and his company. Edited excerpts: Could you walk us through the company's growth over the past year?We have been strong on the mass market side. Last year we underwrote around 44 million lives, which is around 24 per cent of the entire life insurance sector, including covers by (government-owned giant) Life Insurance Corporation. We are present in 628 branches and 550 cities; 75-80 per cent of micro finance institutions work with us. Over the next three years, we are committing ourselves to life goals of the customer -- that way, the narrative changes, as one starts thinking about the customer. Until February this (financial) year (ending March 31), on a weighted new ...
If an employee's name is inadvertently omitted, he would still get the insurance coverage
Tapan Singhel re-appointed as MD and CEO of Bajaj Allianz General Insurance for five years
At present, it only has a tie-up with Dhanlaxmi Bank as a bancassurance partner
Interview with Chief investment officer, Bajaj Allianz Life Insurance