Chandramohan Mehra, chief marketing officer, Bajaj Allianz Life Insurance, writes about the work and life lessons he gathered as a marathon runner.
The insurer has declared reversionary, cash and terminal bonus for 2019-20, which is expected to benefit 12 lakh policyholders who have stayed invested and entrusted their faith in the company, Bajaj Allianz Life Insurance said in a statement.
Tarun Chugh, MD & CEO of Bajaj Allianz Life said that employees are being re-trained on using the virtual medium. He added that not a single person will be fired.
Since the launch of its digital branches on handheld devices, the company has serviced over 150,000 customers through its digital innovation, Mosambee.
The stock is expensive, but for a reason. Investors cannot ignore this business of lending to the aspirational mass, which is in a sweet spot.
HDFC Ergo-L&T General Insurance buyout, HDFC Life-Max Life merger and a potential Bajaj Finserv acquisition of Allianz's stake in its joint ventures may spill over and pave way for such mergers going ahead.
Bajaj Finserv shares touched record high of Rs 2,245.30, up 8 percent intraday Monday after a media report indicated that the company is likely to buy out German partner's stake in its insurance units.
The company had registered a net profit of Rs 524.9 crore in the January-March quarter of the previous fiscal.
Under the agreement, Bajaj Allianz Life will distribute its various products through more than 23,000 Vakrangee Kendras across the country, the private insurer said.
Finance minister shall be walking a tight rope to manage the fiscal austerity path. Though the chances of a slippage from the FRBM path are high, owing to 7th pay commission payouts, but these would to a certain extent get offset by higher revenues.
Bajaj Allianz Life Insurance today said it has simplified its claim settlement norms for the victims of devastating earthquake in Nepal and northern and eastern parts of India.
A carefully-picked portfolio of equity investments is a good option. Also, tax free bonds offer attractive long term returns for investors in the high tax bracket, says Sampath Reddy.
Brokerage house UBS has upgraded China to 'overweight'. But its stand on India is 'neutral'. Should Indian investors stay invested in India or buy a feeder fund into China? Pravin Palande asks experts
Sanjiv Bajaj, MD, Bajaj Finserv. says he says the big growth numbers this quarter came from Bajaj Finance and Bajaj Allianz General Insurance, whereas Bajaj Allianz Life insurance has seen a drop as the industry has contracted because of the number of new product regulations in the recent past.
Life insurance contributes 4.1 percent of GDP and also forms a significant chunk of household savings. In order to boost life insurance, levying of service tax should be revisited in order to make the product attractive.
Insurance sector watchdog IRDA today has imposed a fine of Rs 5 lakh on Bajaj Allianz Life Insurance for violating regulations pertaining to group unit-linked policies.
Private insurer Bajaj Allianz Life Insurance today launched a new unit-linked plan – Guaranteed Maturity Insurance Plan (GMIP) - at maturity that will provide at least 200% of the amount invested along with a secure life cover.
In an interview with CNBC-TV18, Subhash Lakhotia, Tax Guru; Sanjay Sinha, CEO of L&T Mutual Fund and Kamesh Goyal, Country Head of Bajaj Allianz Life Insurance evaluate the Union Budget and its impact on your wallet.