Bajaj Allianz Life Insurance Company Limited

Type: Company
Name: Bajaj Allianz Life Insurance Company Limited
First reported Oct 20 2014 - Updated Oct 20 2014 - 1 reports

India’s Nifty Futures Rise on Modi Reforms, State Election Wins

Indian stock-index futures gainedand rupee forwards strengthened after Prime Minister NarendraModi scrapped controls on diesel prices to curb subsidies andhis party won the most number of seats in two key states.SGX CNX Nifty Index futures for October ... [Published Bloomberg - Oct 20 2014]
First reported Oct 16 2014 - Updated Oct 17 2014 - 1 reports

Life Insurance in India: Key Trends and Opportunities to 2018

Research and Markets (http://www.researchandmarkets.com/research/chl8zp/life_insurance_in) has announced the addition of the "Life Insurance in India, Key Trends and Opportunities to 2018" report to their offering. Life insurance was the largest segment ... [Published Individual.com - Oct 16 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Bajaj Finserv consolidated net up 14%

Bajaj Finserv Limited's consolidated net profit for the second quarter (Q2) ended September 2014 rose 14 per cent to Rs 316 crore on robust performance of its consumer and mortgage finance and general insurance business. Net profit for the period was ... [Published Business Standard India - Oct 14 2014]
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

As economy revives, stick with value investing

When in a bear market, stay protected with big, quality stocks. When the bulls take charge, go play with value bets.The jury is still out on whether the Indian market has entered a long-term bull phase. But the excitement of the massive rally since September ... [Published Financial Chronicle - Oct 13 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Essel Finance to pick stake in financial product retail firm

Essel Finance, the financial services arm of media baron Subhash Chandra-promoted Essel Group, is in the process of picking up a stake in a financial product retail company with a large branch network, to expand nationwide."We are in the process of picking ... [Published Business Standard India - Oct 06 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Essel Finance forays into insurance distribution business

Essel Finance , the financial services arm of Subhash Chandra promoted Essel Group , has forayed into insurance distribution business and has partnered Reliance General and Bajaj Allianz Life. Saurabh Soni has been appointed to head the operations for ... [Published DNA India - Sep 30 2014]
First reported Sep 27 2014 - Updated Sep 27 2014 - 1 reports

India’s Modi brings message of growth on first US visit

Telegraph Video” / We no longer check to see whether Telegraph.co.uk displays properly in Internet Explorer version 6 or earlier.To see our content at its best we recommend upgrading if you wish to continue using IE or using another browser such as Firefox, ... [Published ACQ Magazine - Sep 27 2014]
First reported Sep 26 2014 - Updated Sep 27 2014 - 1 reports

India's Modi brings message of growth on first US visit

Harsha Subramaniam previews Indian Prime Minister Narendra Modi’s first visit to the United States and examines the growth of India’s economy Indian stocks rallied, with the benchmark index posting its biggest increase in a week, after Standard & Poor’s ... [Published Telegraph - Sep 26 2014]
First reported Sep 22 2014 - Updated Sep 22 2014 - 1 reports

Insurance Newsletter - September 15 to 19, 2014

News this weekKotak Mahindra AMC acquires schemes of PineBridge MFKotak Mahindra Asset Management Company Ltd (KMAMC), a wholly owned subsidiary of Kotak Mahindra Bank Ltd (KMBL), announced that it has executed definitive agreement to acquire the domestic ... [Published India Infoline - Sep 22 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 2 reports

Insurers set up helplines for J&K flood victims

Insurers, including SBI Life and PNB Metlife, have set up helpline numbers for J&K flood victims so as to enable easy settlement of death claims.SBI Life Insurance has put in place a mechanism for quick settlement of death claims, exclusively for victims ... [Published Business Standard India - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

The beauty of buying insurance online

It’s quick, easy, convenient, and cheaper. And it’s just a few clicks away.We’re referring to buying insurance online. The widespread use of the internet has revolutionised the services industry and domains like travel, retail, fashion and banking, which ... [Published Financial Chronicle - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Bajaj Allianz Life Insurance reaches out to customers through CEO meet

In a move to directly reach out to more and more customers, Bajaj Allianz Life Insurance, one of the leading private life insurers, has begun “CEO Meet with Customers” initiative. At this unique platform, Anuj Agarwal, the Managing Director & Chief Executive ... [Published The Echo Of India - Sep 17 2014]

Quotes

...This is a verbatim transcript of what Mr Hari Narayan said: "…with respect to HDFC Ergo, by then my understanding of the insurance business was better...so I said an instance of failure is not just the factum of failure of a certain kind ... but each time it has occurred... in the (HDFC) Ergo case, they were short of some 150 numbers or so in the obligation to be discharged....... so I said 150 into (Rs )5 lakh will be (Rs )7.5 crore ... my idea was, you know, the penalty is very low … I interpreted it like this. You know I wanted to put in a deterrent here, in the industry. I made it a point to put it there, that the penalty could be Rs 7.5 crore, but in the instant case, I'm putting it at (Rs ) 5 lakhs. I wanted to send a message that you cannot get away with small fines and penalties..."
"Five years down the line, we will also go for a holding company of our own along the lines of L&T Holdings," he said, adding that, "We have already got private equity, investment banking and non-banking finance companies business, Distribution will be the fourth one" he said
"As a group's financial services arm, we now intend to leverage those synergies to target that captive audience for sale of insurance and other financial products and services across the country. For this, we intend to have a team of dedicated marketing professionals who in close coordination with the insurance partner and the group companies will create a unique sales platform drawing heavily on technology" he said
"From the threat of a downgrade we are on the path of a ratings upgrade" Sampath Reddy, the chief investment officer at Bajaj Allianz Life Insurance Co., which manages $6 billion, said by phone from Pune, near Mumbai...

More Content

All (21) | News (17) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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India’s Nifty Futures Rise on Modi Reforms, Sta... [Published Bloomberg - Oct 20 2014]
Life Insurance in India: Key Trends and Opportu... [Published Individual.com - Oct 16 2014]
EXTEND RESTRUCTURING LEEWAY TILL APRIL 2016: BA... [Published IPA Newspack.com - Oct 15 2014]
Bajaj Finserv consolidated net up 14% [Published Business Standard India - Oct 14 2014]
Bajaj Finserv net up 14% as festive season kick... [Published Financial Express - Oct 14 2014]
As economy revives, stick with value investing [Published Financial Chronicle - Oct 13 2014]
Charges of Favour to Reliance General Insurance... [Published Business Standard India - Oct 11 2014]
Essel Finance to pick stake in financial produc... [Published Business Standard India - Oct 06 2014]
Essel Finance forays into insurance distributio... [Published DNA India - Sep 30 2014]
India’s Modi brings message of growth on first ... [Published ACQ Magazine - Sep 27 2014]
India's Modi brings message of growth on first ... [Published Telegraph - Sep 26 2014]
Large private life insurers see better premium ... [Published Financial Chronicle - Sep 22 2014]
Insurance Newsletter - September 15 to 19, 2014 [Published India Infoline - Sep 22 2014]
Insurers set up helplines for J&K flood victims [Published Business Standard India - Sep 17 2014]
Bajaj Allianz Life Insurance announces helpline... [Published India Infoline - Sep 17 2014]
The beauty of buying insurance online [Published Financial Chronicle - Sep 17 2014]
Bajaj Allianz Life Insurance reaches out to cus... [Published The Echo Of India - Sep 17 2014]
Up Close with Jens Reisch, Chief Executive Offi... [Published PR.com Press Releases - Jul 11 2014]
Bancassurers to Further Leverage on Growth Whil... [Published PR.com Press Releases - Jun 20 2014]
Fact Sheet for Bajaj Auto Limited [Published Able2Act - May 06 2008]
Fact Sheet for Bajaj Auto Limited [Published Able2Act - Feb 07 2008]
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Up Close with Jens Reisch, Chief Executive Offi... [Published PR.com Press Releases - Jul 11 2014]
Kuala Lumpur, Malaysia, July 11, 2014 --( PR.com )-- Jens Reisch, Chief Executive Officer of Allianz Malaysia, has come a long way with 27 years of experience, starting off as a Manager in the Training Department at Allianz during the 1980s to handling ...
Bancassurers to Further Leverage on Growth Whil... [Published PR.com Press Releases - Jun 20 2014]
Kuala Lumpur, Malaysia, June 20, 2014 --( PR.com )-- Bancassurance the sale of retail insurance products through banks as mediums has evolved through different channels since its origin in Europe. The focus is for banks and insurance providers to understand ...
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