Bajaj Allianz Life Insurance Company Limited

Entity type image
Type: Company
Name: Bajaj Allianz Life Insurance Company Limited
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Bajaj Finserv net up 18%

Bajaj Finserv Q4 & FY13 announced its Q4 FY13 Results Wednesday A meeting of the Board of Directors of Bajaj Finserv Limited was held today to consider and approve the results for FY13. The Board of Directors recommended a dividend of Rs 1.50 per share ... [Published India Infoline - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Bangalore; Selections for Asian junior camp

Bangalore, May 15 (IANS) Bajaj Allianz has introduced an Asian chapter to the international football camp with seven youngsters in the 14-16 years age group to be selected from across the country for a camp that will be held in Thailand in June.The selection ... [Published Mangalorean - May 15 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Look at the insurer’s claim settlement history

All one wants when taking a term insurance policy is a financially secure future for the family. But, did you know that in 2011-12, some private insurers rejected almost a third of the claims? Shriram Life, are some insurers whose claim rejection was ... [Published Hindu Business Line - May 09 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

Cheaper ways to cover your loan

When one applies for a loan, he/she is almost immediately offered an insurance policy to cover it. Insurance companies tie up with lenders to offer this product to a borrower, to prevent the family from being burdened in case of an eventuality. These ... [Published Sify - May 07 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

MICROCAPITAL BRIEF: Plays, Postcards Help Indian Microinsurers to Increase Renewals

Microinsurance providers in India have recently implemented strategies such as street plays and handwritten postcards in local languages to increase policy renewals. These strategies reportedly have helped decrease renewal costs by approximately 35 percent, ... [Published MicroCapital - May 01 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Readers' Corner: V Philip

I took an endowment plan from a private life insurer five years ago. However, I wish to surrender my policy now. Is it possible to do so without losing money?Life insurance is a long-term contract, which gives you the maximum benefit by allowing the policy ... [Published Smart Investor - Apr 29 2013]
First reported Apr 28 2013 - Updated Apr 28 2013 - 1 reports

Bajaj Fin targets doubling loans against securities portfolio

Bajaj Finserv Lending is targeting to double its loans against securities (LAS) portfolio to Rs 1,400 crore this fiscal, a senior company official has said.The Pune-headquartered company, which has been offering LAS for last three years, has a book size ... [Published Financial Chronicle - Apr 28 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Four reasons why you must have life insurance

The concept of life insurance is not a new one. However, the purposes it fulfills go a lot beyond providing financial security upon the death of the breadwinner of the family. In addition to securing a person’s future, life insurance also offers various ... [Published Financial Chronicle - Apr 23 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Planning to buy insurance this year?

If you are planning to buy an insurance policy this year - either life or health - you should hold the purchase until the products are refiled. The (Irda) has given insurers time till June 30, 2013 and September 30, 2013 to re-file their group and individual ... [Published Sify - Apr 23 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

Indian bonds rally continues; deeper rate cuts eyed

* 10-year bond yield ends 2 bps lower at 7.80 pct* 1-yr swap rate hits 27-mnth low on hopes of deeper rate cut* Rate cut outlook for CY doubled to 100 bps - Bajaj Alliance Insurance* India to sell 150 bln rupees in bonds on ThursdayBy Archana Narayan ... [Published Sify - Apr 17 2013]
First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Buffett’s Berkshire bets on mobiles, social media to sell insurance in India

Berkshire India sells motor, travel and health insurance products online at on BerkshireInsurance.com and it will soon start selling life insurance products as a corporate agent of Bajaj Allianz Life Insurance.Having started operations in New Delhi$ in ... [Published Firstpost.com - Apr 15 2013]
First reported Apr 14 2013 - Updated Apr 15 2013 - 2 reports

Buffett firm bets big on Indian social media, mobiles

Berkshire India sells motor, travel and health insurance products online at on BerkshireInsurance.com and it will soon start selling life insurance products as a corporate agent of Bajaj Allianz Life Insurance.Having started operations here in 2011 with ... [Published Moneycontrol.com - Apr 14 2013]

Quotes

...Life?s Chief Marketing Officer Yateesh Srivastava, however, said the company?s poor settlement ratio was because a bunch of them were early claims. "The company has been in business only since July 08 and almost 91 per cent of claims in FY-12 were ?early-stage? claims, those made within two years of the policy. Also, a majority of the rejected claims were on grounds of deliberate fraud and purposeful withholding of material information?. Ensuring claim settlement"
AS Narayanan, chief distribution officer of Bajaj Allianz Life Insurance, finds merit in buying a cover from the lender. "It is convenient in terms of not having to run around to buy one and it is available with the loan. Hence, in case of an eventuality the borrower will not need to claim from a separate entity while keeping the bank informed. If bought from the bank, the borrower's family may also be helped with the claims process. Importantly, it is no hassle, as the payment is linked to loan repayment and the cover ends with the loan" he explains
Andrew Holland, CEO of Ambit Investment Advisors, says Unilever is betting on emerging markets, especially India, to drive their global earnings. "Though the valuations are high at present with slowing growth in the country, the long-term consumption growth story of India is intact and this is what HUL has invested in."
"Here, the risk is high and hence our margins are also wider. We work on with a margin of three to four per cent" Satyam said

More Content

All (25) | News (20) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Bajaj Finserv net up 18% [Published India Infoline - May 15 2013]
Bangalore; Selections for Asian junior camp [Published Mangalorean - May 15 2013]
Look at the insurer’s claim settlement history [Published Hindu Business Line - May 09 2013]
Cheaper ways to cover your loan [Published Sify - May 07 2013]
MICROCAPITAL BRIEF: Plays, Postcards Help India... [Published MicroCapital - May 01 2013]
Uniliver offers to pay $5.4 billion to raise st... [Published Economic Times - May 01 2013]
Readers' Corner: V Philip [Published Smart Investor - Apr 29 2013]
MICROCAPITAL BRIEF: Royal Bank of Scotland (RBS... [Published MicroCapital - Apr 29 2013]
BHEL, Coal India, Bharti Airtel and Cipla may w... [Published Indian-Commodity - Apr 29 2013]
Bajaj Fin targets doubling loans against securi... [Published Financial Chronicle - Apr 28 2013]
Four reasons why you must have life insurance [Published Financial Chronicle - Apr 23 2013]
Planning to buy insurance this year? [Published Sify - Apr 23 2013]
Indian bonds rally continues; deeper rate cuts ... [Published Sify - Apr 17 2013]
Buffett’s Berkshire bets on mobiles, social med... [Published Firstpost.com - Apr 15 2013]
Life insurers report record surrenders [Published Financial Chronicle - Apr 14 2013]
A love-hate story [Published Financial Chronicle - Apr 14 2013]
Buffett firm bets big on Indian social media, m... [Published Moneycontrol.com - Apr 14 2013]
Warren Buffett firm bets big on mobiles, social... [Published Deccan Herald - Apr 14 2013]
MICROCAPITAL BRIEF: SKS Microfinance Fined $92k... [Published MicroCapital - Mar 02 2013]
Expert 'actuaries' who assess insurance risk ge... [Published Topnews.in - Dec 28 2010]
Bajaj Allianz joins hands with Dena Bank [Published Topnews.in - May 14 2010]
Bajaj Finserv net profit up by Rs 555 crore [Published Topnews.in - May 12 2010]
Reliance Life sells most number of policies [Published Topnews.in - Apr 22 2010]
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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sort by: Date | Relevance
MICROCAPITAL BRIEF: Plays, Postcards Help India... [Published MicroCapital - May 01 2013]
Microinsurance providers in India have recently implemented strategies such as street plays and handwritten postcards in local languages to increase policy renewals. These strategies reportedly have helped decrease renewal costs by approximately 35 percent, ...
MICROCAPITAL BRIEF: Royal Bank of Scotland (RBS... [Published MicroCapital - Apr 29 2013]
The Royal Bank of Scotland Group (RBS), a banking and insurance company with operations in Europe, North America and Asia, reportedly has sold its 4.6-percent stake in SKS Microfinance, an Indian microfinance institution, through the open market to Merrill ...
MICROCAPITAL BRIEF: SKS Microfinance Fined $92k... [Published MicroCapital - Mar 02 2013]
The Insurance Regulatory and Development Authority (IRDA), the insurance regulator of India, recently issued Indian microfinance institution (MFI) SKS Microfinance a fine of INR 5 million (USD 91,800) for collecting corporate insurance agent fees beyond ...
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