Browsing: Life Insurance

Bajaj Finserv is reportedly planning to potentially list its life and general insurance operations by the fiscal year 2027. This move follows the company’s acquisition of Allianz’s stake, giving it complete ownership.

Manulife Asia has announced Steve Finch as its new President and CEO, effective May 9th, succeeding Phil Witherington.

The Vietnamese non-life insurance sector is attracting attention with Chubb Limited’s acquisition of Liberty Mutual’s businesses, signaling growth potential.

Bajaj Group will acquire Allianz SE’s stake in life and general insurance JVs, ending 24-year partnership.

Bajaj Group will buy out Allianz’s stakes in their insurance ventures, making both insurers entirely Indian-owned.

Bajaj will take over Allianz’s stakes in their insurance ventures.

Bajaj Finserv will purchase Allianz SE’s 26% stake in their joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, concluding a two-decade partnership.

German insurance giant Allianz SE is exiting its Indian insurance joint ventures, selling its stakes in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance to the Bajaj group.

Steve Finch, currently Manulife’s Chief Actuary, will take on the role of President and CEO of Manulife Asia, effective May 9th.

The Indian non-life insurance industry experienced a decline in February, with general insurers contributing to the contraction. Standalone health insurers, however, saw premium growth.