Bajaj Allianz

Bombay HC quashes Maharashtra bid to recover ₹374 cr from Bajaj Allianz

Bombay High Court held that crop insurance payouts under PMFBY cannot be treated as land revenue, striking down Maharashtra's Rs 374 crore recovery order against Bajaj Allianz

15K hospitals to suspend cashless services for Bajaj Allianz policyholders

Hospital body AHPI issues notice to Care Health Insurance, citing low rates and heavy deductions as the reason behind the move

Mumbai's richest Ganesh Mandal secures record ₹474 crore insurance cover

GSB Seva Mandal has taken ₹474.4 crore insurance cover, with ₹375 crore allocated to personal accident protection for volunteers and ₹67 crore for gold and silver ornaments

Insurers clock rise in parametric claims amid extreme weather events

Climate volatility drives higher parametric insurance claims, but insurers say limited awareness and distribution hinder adoption despite strong growth potential

Bajaj Finserv's promoters divest 1.79% stake, raise Rs 5,505 crore

Jamnalal Sons and Bajaj Holdings sold 28.6 million shares of Bajaj Finserv at ₹1,925.2 apiece, with mutual funds and foreign investors among buyers, market watchers suggest proceeds fund Allianz stake

Bajaj Finserv shares gain 2%; among top gainers on Sensex; here's why

CCI approved the acquisition of Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company, and Bajaj Allianz Financial Distributors

Bajaj Group seeks CCI nod to acquire Allianz's stake in ₹24,180-cr deal

If successful, Bajaj Group's acquisition of Allianz would mark the largest transaction in India's insurance industry to date

Insurance sector sees record Rs 38,000 crore worth of deals in 2 weeks

The past fortnight saw a slew of big-ticket deals in the insurance sector, with the biggest of them being a Rs 24,180 crore acquisition by Bajaj Allianz

Insurance sector sees record deals worth over Rs 38,000 crore in two weeks

The biggest among them is the Bajaj Group's acquisition of Allianz's stake in their two insurance joint ventures for Rs 24,180 crore

Why Bajaj Finserv shares slipped 2% in trade on March 18? Details

The deal strengthens Bajaj Finserv's control, enhances strategic flexibility, and positions it for long-term growth in expanding insurance market, ICICI Securities said in a note.

Bajaj Finserv to buy Allianz's 26% stake in insurance JVs for Rs 24,180 cr

Post the acquisition, Bajaj Group's stake in the two insurance ventures will go up to 100 per cent from 74 per cent currently

Allianz actively considering exiting insurance JVs: Bajaj Finserv

Allianz's stake in both the life and general insurance companies is pegged at Rs 30,000 crore, according to Emkay report

Allianz SE considering to exit insurance joint venture with Bajaj Group

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

Bajaj Allianz Life launches Nifty Alpha 50 Index Fund: Check details

The fund aims to provide capital appreciation by investing in equities that are part of the Nifty Alpha 50 Index

Key information about health insurance plans gathered in one table

Know about eligibility, key features and premium amount in Policybazaar table

Bajaj Allianz General launches GenAI-powered bot 'Insurance Samjho'

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

Bajaj Allianz General Insurance MD & CEO on why he tries to smile a lot

Smiles are a mood-lifter, says Tapan Singhel, whose wellness matra includes not leaving tasks pending

Bajaj Allianz Life's assets under management crosses Rs 1 lakh crore

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

Non-par products haven't really picked up much: Bajaj Allianz Life MD & CEO

Tarun discusses strategies to boost sales in the remaining months of this financial year, with introduction of new products

Titanic sub tragedy: Only 2 insurance covers in India for adventure junkies

Bajaj Allianz is the only major insurer in India which provides an insurance policy specifically for adventure sports.