Browsing: Bajaj

The separation of Bajaj and Allianz underscores the intensifying competition for control in India’s rapidly expanding insurance market, as foreign entities seek greater influence.

Bajaj Finserv will acquire Allianz’s 26% stake in their insurance businesses, ending a long-standing joint venture.

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.

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.

German insurance giant Allianz SE is set to fully exit its Indian insurance joint ventures with the Bajaj group, selling its stakes for a significant sum.