Browsing: Bajaj Allianz

A recent survey highlights a significant gap in life insurance understanding among Indians, with many underestimating the coverage needed for financial security.

Bajaj Finserv’s Chairman and Managing Director, Sanjiv Bajaj, believes the Indian insurance sector is poised for a decade of significant growth, driven by low penetration rates and increasing demand for financial security.

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.

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.

Bajaj Finserv announces the acquisition of Allianz SE’s stake in its insurance ventures, increasing its ownership to 100%.