Bajaj Allianz Life Insurance

AHPI revokes advisory to stop cashless services for Bajaj Allianz clients

There is an urgent need for a health regulator to ensure transparency and fairness across the healthcare ecosystem, GI Council Chairman

AHPI to take call on ending freeze on Bajaj Allianz cashless services

Reports also suggested that AHPI is likely to write to the Competition Commission of India and the Insurance Regulatory and Development Authority of India on the issue

JM Financial unit to sell 2.1% stake in JMFHLL to Bajaj Allianz Life

Under an investment agreement signed on August 9, 2025, JMFCSL will offload 13,646,000 equity shares in JMFHLL at ₹48 per share

We should just go for unified licences; must open up distribution: Singhel

Human memory is very short. The demand for health insurance is still fine, we still have a double digit growth, Tapan Singhel said

Bajaj Allianz Life declares biggest bonus ever: Who will get payout

Company says payout shows 'strength of prudent investment strategies and finances'

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

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.

Now you can use Bima-ASBA Facility while buying policy from Bajaj Allianz

Policyholders can utilise UPI's one-time mandate to authorise the blocking of a specified amount in their bank account through UPI

BALIC becomes the first insurer to go live with Bima-ASBA facility

Through Bima-ASBA, policyholders can opt for UPI's One-Time Mandate (OTM) and authorise the blocking of a specified amount, i.e up to Rs 2 lakh, in their bank account via UPI

Non-life insurers' premiums increase 4.4% in November, shows data

According to data from the General Insurance Council, general insurers collected Rs 21,671.43 crore in premiums in November, reflecting a 4 per cent YoY increase

Life insurance premiums in November slip 4.5% to Rs 25,306.56 crore

According to a Nuvama report, private sector growth picked up in November 2024 as the industry adapted to the changes in surrender value regulations

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

Bajaj Allianz Life declares record Rs 1,383 cr bonus: Check eligibility

All participating policies of Bajaj Allianz Life that were in force as on 31 March 2024 are eligible to receive the bonus

Now pay your Bajaj Allianz Life Insurance premium via WhatsApp: Here's how

Bajaj Allianz Life Insurance has announced the introduction of premium payment options on WhatsApp, in collaboration with Meta

Bajaj Allianz Life Insurance has a new 'increasing income' savings plan

Bajaj Allianz Life ACE - Increasing Income provides life cover with tax benefits and allows flexibility in determining policy terms, ranging from 10 years to 100 years of age

Work-life balance, financial security top goals for millennials: Survey

The Bajaj Allianz Life survey revealed that 85 per cent of millennials prioritise work-life balance, while 70 per cent seek financial security for their families

Bajaj Allianz Life reports 20% jump in net income to Rs 390 crore in FY23

Bajaj Allianz Life has reported a 20 per cent growth in net income at Rs 390 crore in fiscal 2023, driven by overall good performance especially the growth in new business premium. The Pune-based company saw a 21 per cent growth in overall premium collection with the gross written premium touching Rs 19,462 crore in FY23 compared to Rs 16,127 crore in the previous financial year. "Our net profit has grown 20 per cent to Rs 390 crore in FY23 from Rs 324 crore in the previous fiscal," the company's managing director and chief executive Tarun Chugh told PTI on Wednesday. He said the spike in profit was led primarily by a massive 53 per cent jump in the value of new business premium in the year to Rs 950 crore. In FY22, it stood at Rs 621 crore. Value of new business is a key metric to measure the profitability of a life insurance company. During the last fiscal, the company added 29 per cent more customers at 5.38 lakh from 3.86 lakh, taking the number of individual lives covered to

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.

Diabetic Term Plan for HbA1c < 8 by Bajaj Allianz Life

Bajaj Allianz Life Insurance has launched a term insurance product specifically designed for individuals with type II diabetes and pre-diabetes, says Chief Distribution Officer Dheeraj Sehgal.

Bajaj Allianz Life declares bonus of Rs 1,201 cr to policyholders in FY23

Bajaj Allianz Life on Wednesday said it has declared a bonus of Rs 1,201 crore to participating policyholders for the financial year ended March 31, 2023. This is the 22nd consecutive year of bonus payment to all eligible and participating policyholders. The Pune-based company said the bonus includes a regular reversionary bonus of Rs 872 crore and a terminal and cash bonus of Rs 329 crore. In the previous year, the company had paid Rs 1,070 crore in bonus to over 11.62 lakh policyholders, Bajaj Allianz Life said. As many as 11.43 lakh participating policyholders out of its total of 3.5 million policyholders will benefit from the announcement, it added. The regular reversionary bonus will be payable at the time of maturity or death of the policyholder. The funds for the bonus will be sourced from the surplus generated by the participating policyholders' funds for FY2023, said Tarun Chugh, the managing director & chief executive. The policyholders of its participating products su