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Bajaj Allianz appoints Hemant Kaul as CEO06-NOV-09
Private non-life insurer Bajaj Allianz today announced the appointment of Hemant Kaul as the new CEO of the company.
Axis Bank's Kaul to join Bajaj Allianz03-NOV-09
Hemant Kaul, executive director of Axis Bank, would soon join Bajaj Allianz General Insurance as chief executive officer, the non-life insurer said today.
Insurers cut rates as film makers rush for cover22-SEP-09
As producers rush to insure their films from delays in launch due to unforeseen circumstances such as a strike or a natural calamity, insurers are offering covers at lower rates.
Insurers suggests agents to move to advisory model19-SEP-09
Insurers want their agents whose activity is driven predominantly by selling maximum number of policies, to expand their scope of work to advice customers.
SKS to extend micro-insurance cover17-SEP-09
Hyderabad-based SKS Microfinance, which has launched micro-insurance project ‘Swayam Shakti Suraksha’ in partnership with Bajaj Allianz Life Insurance to cover its members, has now decided to launch a similar product to cover members’ husbands.
Bajaj Allianz starts service in J-K to settle claims in 24 hrs20-AUG-09
What could be termed as a major leap in the Jammu and Kashmir's insurance sector, Bajaj Allianz General Insurance Company today launched a service aimed at settling motor insurance claims up to Rs 20,000 within 24 hours.
Saif, Deepika in Bajaj Allianz ad campaign17-JUL-09
Bajaj Allianz has tied up with the upcoming Saif Ali Khan and Deepika Padukone starrer Love Aaj Kal to spread the message of security & fearlessness amongst all age groups. The winners will get a chance to meet Saif Ali Khan in person. This TVC Campaign which is penned by Gulzaar Sahab is sung by Sukhwinder and has its music composed by Vishal Bardwaj. The campaign conceptualized & ideated by P9 is currently running in 25 channels.
Financial services arm's profit rises to Rs 42 crore16-JUL-09
Bajaj Finserv, the financial services arm of the Bajaj Group, posted a net profit of Rs 42 crore for the quarter ended June 30, 2009. It had posted a loss of Rs 36 crore in the corresponding period last year.
Not well insured07-JUL-09
While no finance minister can propose a "please all" budget, the current proposals have a mix of good and bad. The scrapping of FBT is in right direction. The tax structure, which has been left unchanged, is also understandable.
Bajaj Allianz invests Rs 50 cr in SKS Microfinance03-JUL-09
Bajaj Allianz, a leading insurer offering general and life insurance products, has made strategic investment of Rs 50 crore in SKS Microfinance, one of India’s largest microfinance institutions. The deal is the first-ever investment by an insurance company in an Indian Microfinance Institution (MFI) and signals an important steps in the evolution of SKS Microfinance, a statement said on Thursday.
SKS Micro gets Rs 50cr funding from Bajaj Allianz02-JUL-09
SKS Microfinance, a Hyderabad-based non-banking finance company, has received a strategic investment of Rs 50 crore from general and life insurance firm Bajaj Allianz Life Insurance. SKS Microfinance and Bajaj Allianz partnered in April 2008 to launch India’s first micro-insurance product for the rural poor.
Bajaj Allianz Life Insurance launches Invest Plus15-JUN-09
Leading private sector life and general insurance company, Bajaj Allianz Life Insurance has launched Invest Plus, which offers upfront minimum guaranteed investment returns at the beginning of each year, a company statement said here.
Prudent risk pricing is the key05-JUN-09
While general insurance companies are offering discounts to woo customers, Bajaj Allianz intends to stay away from price wars and focus on good quality business. In an interview with Shilpy Sinha, Chief Executive Officer Swaraj Krishnan said that there was a need for the industry to have self regulation.
Bajaj Finserv posts net profit of Rs 71 crore21-MAY-09
Bajaj Finserv, the non-banking finance company from the Bajaj stable, reported a net profit of Rs 71 crore in the last financial year mainly due to the improved performances of the life insurance company and the auto finance business.
Bajaj Allianz Life, Bajaj Allianz Gen post profits in FY0920-MAY-09
Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance both posted profits for FY09, despite recessionary market conditions.
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