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Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has appointed Srinivas Rao Ravuri (Srini to friends and associates) as its Chief Investment Officer (CIO) where he will lead the Company’s Investment team and manage the portfolio towards optimising its investment performance. In the leadership role, Srinivas will focus on allocating the Company’s assets towards building wealth for customers and profitability for all stakeholders, while managing risk...
Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as Chief Investment Officer
Bajaj Allianz Life Insurance, one of India’s leading private life insurance providers, expresses its deepest condolences and solidarity with those impacted by the floods in Andhra Pradesh and Telangana. In response to this unfortunate natural calamity, the Company has implemented special measures to address the needs of its affected policyholders and their families. Understanding the immense challenges faced by affected policyholders during this difficult time, Bajaj Allian...
Bajaj Allianz Life Insurance simplifies claims process for policyholders affected by floods in Andhra Pradesh & Telangana
Bajaj Allianz Life Insurance, one of India's leading private life insurers, today announced the launch of its new fund - Bajaj Allianz Life Nifty 200 Alpha 30 Index Fund, which will be available along with its ULIP products. This new fund presents a unique opportunity for investors to capitalize on the growth potential of high-alpha stocks, diversify their portfolios, and enjoy the benefits of an index-based investment approach, along with a life cover. The NFO period for Bajaj Allianz Li...
Bajaj Allianz Life Nifty 200 Alpha 30 Index Fund NFO Launched for ULIP customers
Term insurance is a critical component of financial planning, providing financial security and peace of mind to policyholders and their families. Offering substantial life cover at an affordable premium, term insurance ensures well-being and financial stability in the event of untimely demise of the policyholder. One such product that recognizes the importance of a comprehensive term plan, is Bajaj Allianz Life eTouch. This unique product offers the flexibility to choose from t...
Bajaj Allianz Life Insurance announcing their comprehensive term insurance product called eTouch
The Federal Bank is currently trading at Rs. 187.85, up by 1.85 points or 0.99% from its previous closing of Rs. 186.00 on the BSE. The scrip opened at Rs. 187.95 and has touched a high and low of Rs. 189.30 and Rs. 185.30 respectively. So far 202196 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 189.30 on 08-Jul-2024 and a 52 week low of Rs. 126.45 on 13-Jul-2023. Last one week high and low of the scrip stood ...
Federal Bank gains on launching new Life Insurance products
Below the Quote on Union Budget announcement anticipated in July 2024 by Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance “Over the past decade, India has achieved remarkable economic growth, with GDP consistently exceeding 6% and surpassing many global economies. As we approach this budget, we anticipate measures that will sustain and simultaneously accelerate this long-term growth, benefiting individuals and businesses alike, with a strong emphasis on job crea...
Quote on Union Budget announcement anticipated in July 2024 by Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance
Bajaj Allianz Life, one of India’s leading private life insurances, has brought several noteworthy features and services to its NRI customers, including an expanded medical test network across several countries. This global network enables NRIs to get their pre-policy health check-ups at one of Bajaj Allianz Life’s approved medical test facilities across the globe or even from the comfort of their homes. . Furthermore, the Company today commemorates first anniversa...
Bajaj Allianz Life enhances its focus on NRI customers, celebrates one-year anniversary in UAE
Bajaj Allianz Life Insurance, one of India’s leading private life insurers, continues to demonstrate robust performance and strategic growth as per the annual business numbers of FY2024. The Individual Rated New Business (IRNB) for FY2024 surged by an impressive 21%, showcasing the Company's resilience and adaptability to market changes, outpacing the private industry average growth rate by a significant margin of more than 2x. New Business Value crossed the mark of Rs ...
Bajaj Allianz Life Records Profit After Tax of Rs 563 Crores in FY2024 Driven by Strong Trust from Over 11.66 Lakh Policyholders
Bajaj Allianz Life Insurance, one of India’s leading private life insurers, continues to demonstrate robust performance and strategic growth as per the annual business numbers of FY2024. The Individual Rated New Business (IRNB) for FY2024 surged by an impressive 21%, showcasing the Company's resilience and adaptability to market changes, outpacing the private industry average growth rate by a significant margin of more than 2x. New Business Value crossed the mark ...
Bajaj Allianz Life`s sustainable & profitable growth trend picks pace in FY2024
Bajaj Allianz Life, one of India's leading private life insurers, announces bonuses for the 23rd consecutive year! This is for the over 11.66 lakh policyholders who have invested in the Company’s participating products. This is the Company’s highest bonus declaration ever at Rs. 1,383 crores for FY2024. Policyholders with traditional participating (with-profit) policies are eligible to receive this bonus, which is declared from the surplus generated under the...
Bajaj Allianz Life Announces its highest-ever bonus for their participating products
Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in one place. With this, customers can effortlessly pay their premiums through various payment modes like net banking, credit cards, and UPI directly within the WhatsApp interface. "With the new premium payment option on the platform, customers will now have an even more enhanced and seamle...
Bajaj Allianz Life introduces premium payment options on WhatsApp
Bajaj Allianz Life Insurance Company, one of India’s leading private life insurers, continues to enhance its business parameters through its transformative journey. The 9MFY2024 results showcase its outstanding performance vis-à-vis the other private players in the Indian life insurance industry. Individual Rated New Business (IRNB) of the Company for 9MFY2024 grew by 24% as compared to the corresponding period last year. This was nearly three times the growth showcased by ind...
Bajaj Allianz Life Insurance clocks highest growth amongst top 10 private life insurers for 9M FY2024
Private life insurer Bajaj Allianz Life Insurance Company Ltd on Friday said it had earned a net profit of Rs 457 crore and earned a gross premium of about Rs 14,860 crore for the nine-month period ended December 31, 2023. According to Bajaj Allianz Life Insurance, the gross premium for the period under review stood at Rs 14,860 crore up from Rs 13,028 crore booked during previous year corresponding period. The company's after tax profit stood at about Rs 457 crore up from about Rs ...
Bajaj Allianz Life logs Rs 457cr net for 9 months
Bajaj Allianz Life, one of India’s leading private life insurers, today, organized the fourth edition of #Plankathon in Bengaluru’s Sri Kanteerava Outdoor Stadium to celebrate the Indian Space Research Organization’s (ISRO) remarkable achievements with Chandrayaan and the Solar Mission, Aditya L1. The on-ground Plankathon event was a culmination of the Company’s hugely popular campaign #PlankForAces that invited Indians to come togeth...
Saluting ISRO`s outstanding accomplishments, Bajaj Allianz Life Insurance sets yet another GUINNESS WORLD RECORDS title with its unique fitness initiative - Plankathon
Bajaj Finserv is currently trading at Rs. 1578.00, up by 7.30 points or 0.46% from its previous closing of Rs. 1570.70 on the BSE. The scrip opened at Rs. 1575.75 and has touched a high and low of Rs. 1593.40 and Rs. 1570.20 respectively. So far 95923 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1741.85 on 15-Dec-2023 and a 52 week low of Rs. 1216.10 on 28-Mar-2023. Last one week high and low of the scrip sto...
Bajaj Finserv gains as its arm reports 32% rise in individual non-single premium during January 2024
Bajaj Allianz Life Insurance, one of the leading private life insurer, introduces a comprehensive plan that empowers customers to unlock guaranteed early income. Setting a new standard for financial protection and income stability, Bajaj Allianz Life Assured Wealth Goal Platinum offers early guaranteed payouts starting as early as the beginning of second policy year. It’s value-packed features empowers individuals to tailor their financial needs to achieve a diverse range of life goals ...
Guaranteed Early Income with Bajaj Allianz Life Assured Wealth Goal Platinum Smart Income to Meet Your Life Goals Earlier
Below the Interim Budget 2024 Announcement by Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance “The interim budget for 2024-25, demonstrated a balance between maintaining the momentum of recent initiatives and outlining a vision for future economic growth. In-spite of the upcoming elections, the budget demonstrates the government's commitment to fiscal prudence and long-term planning. At the core of the budget lies a focus on fiscal responsibil...
Interim Budget 2024 Announcement by Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance, one of the leading private life insurers, has unveiled an industry-first variant of its flagship participating savings plan. Bajaj Allianz Life Ace - Increasing Income, A Non-linked, Participating, Individual Life Insurance Savings Plan, empowers customers with a steady flow of rising income and safeguards against escalating costs. This plan is designed for a wide range of customers who can save as per their needs and affordability towards a financially sec...
Customize your income to beat increasing expenses with Bajaj Allianz Life Ace - Increasing Income
ESAF Small Finance Bank Ltd, is a Small Finance Bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas has?received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).The company?had refiled preliminary IPO papers with Sebi in July 2023.The IPO includes a fresh issue up to Rs 486.74 crore and an offer for sale of up to Rs 142.30 crore by...
ESAF Small Finance Bank gets Sebi nod for IPO
Below the quote on RBI monetary policy by Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life?The RBI maintained the status quo on policy rates and stance, aligning with the market expectations. The headline CPI projection for FY24 remains unchanged at 5.4%, despite uncertainties around production due to the lower kharif sowing, low reservoir levels, and volatile global food and energy prices. The RBI governor reiterated the intention to bring inflation to a level of 4% on a dura...
Quote on RBI monetary policy by Sampath Reddy, Bajaj Allianz Life
Bajaj Allianz Life Insurance, one of India?s leading private life insurers, and South Indian Bank, a leading Indian private sector bank, announced their strategic partnership, today. The two?signed a corporate agency?arrangement in Kochi. Through this strategic partnership South Indian Bank?s customers? can now fulfil their long-term life goals by investing in Bajaj Allianz Life Insurance?s value-packed products across the bank?s 942 branches in the country.?Mr. Sanchay Kumar Sinha, CGM & Cou...
Bajaj Allianz Life Insurance and South Indian Bank enters into strategic partnership
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