Bajaj Allianz Life Insurance Company Limited

Type: Company
Name: Bajaj Allianz Life Insurance Company Limited
First reported Aug 27 2014 - Updated Aug 28 2014 - 2 reports

Ulips, which once fuelled insurance boom, now lie largely unclaimed

The life insurance industry that was awash with sales of unit-linked insurance plans (Ulips) during the boom years of 2005-08, is now witnessing an unprecedented surge in unclaimed policies.The primary reason for this staggering sum is the payments glitch ... [Published Financial Express - Aug 28 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Record Sensex gets cheaper as earnings estimates outpace stocks

The Sensex is valued at 15.5 times estimated profit, down from this year’s high of 16.3. Photo: BloombergMumbai: India’s stock-market rally has failed to keep up with the fastest increase in profit estimates since 2009, making shares cheaper even as the ... [Published Livemint.com - Aug 28 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Bajaj Allianz Life Insurance ropes in Vijay Sinha as CMO

He has over 29 years of experience and moves from TATA AIA Life Insurance.Bajaj Allianz Life Insurance has roped in a new chief marketing officer Vijay Sinha. He has over 29 years of experience and worked in marketing, corporate communications, product ... [Published Agencyfaqs! - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Unclaimed sum with insurers touches a steep Rs 5,848 crore

If between 2005 and 2008, the insurance industry witnessed a sharp rise in the number of policies sold — driven largely by the sale of unit linked insurance plans (ULIPs) — the last few years have seen an unprecedented rise in the quantum of unclaimed ... [Published Financial Express - Aug 26 2014]
First reported Aug 24 2014 - Updated Aug 24 2014 - 1 reports

Domestic institutional investors on track to set yearly record on equity purchases

A pick-up of inflows into equity mutual funds points to the return of retail investors, as this is largely their most preferred route to equities. Photo: Hemant Mishra/MintMumbai: Domestic institutional investors (DIIs) are on track for their best monthly ... [Published Livemint.com - Aug 24 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Bajaj Allianz Life Insurance joins hands with PolicyBazaar.com

Bajaj Allianz Life Insurance has tied up with leading online insurance aggregator PolicyBazaar.com. The partnership is aimed at tapping the increasing opportunity in online insurance market.Along with its online term plan iSecure, Future Gain, Life Long ... [Published Business Standard India - Aug 13 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Bajaj Allianz Life ties with PolicyBazaar,aims 20% online mrkt

Private insurer Bajaj Allianz today tied up with online financial services provider PolicyBazaar.Com to capture online life insurance policy market."We have tied up with PolicyBazaar, as it has a proven track record in the online insurance sales space. ... [Published Business Standard India - Aug 13 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 2 reports

HDFC Mutual Fund buys stake in Gammon India to 6.31%

HDFC Mutual Fund has bought more than 85 lakh shares in Gammon India for Rs 23.35 crore taking its holding in the infrastructure firm to 6.31%. The purchase of 85,30,764 shares aggregating 6.25% stake was done at an average price of Rs 27.38 per share. ... [Published Indian-Commodity - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Want to enhance work productivity? Go fishing!

The need of the hour for every business is a work culture of its own! Every company, these days, desires to have a highly engaged and committed workforce that will deliver year after year.Given the external challenges to the organisation and the chang ... [Published Times of India - Jul 30 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Move to hike insurance FDI brings JVs' stake pricing back in focus

MUMBAI: The government's decision to increase foreign direct investment cap in the insurance sector to 49% could reopen the prickly issue of pricing the additional 23% stake sale to the foreign partner. One of the larger companies where the issue is likely ... [Published Times of India - Jul 27 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Return of the ULIP

After a barrage of bad news over the years, investors in Unit-Linked Insurance Plans (ULIPs) finally have reason to cheer.Before 2010, heavy costs and charges on these plans ate away large portions of the return. And with the markets stuck in a narrow ... [Published Hindu Business Line - Jul 27 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

ChrysCapital Offloads Stake In Gammon India

ChrysCapital through its investment vehicle Warhol Limited has sold 10.9 Million shares of infrastructure major @Gammon_India_L Limted for a total consideration of INR 297.7 Mn in the open market. The shares constituting 7.9% stake in the company were ... [Published Street Sweeper - Jul 27 2014]

Quotes

"A rise in agent attrition after 2010 has also resulted in a rise in unclaimed money as the agents are directly in touch with the investors" said an industry insider
When asked about the reason for the sharp rise in their unclaimed amounts, Reliance Life spokesperson said, "The figures are not comparable since"
Anuj Agarwal, MD & CEO, Bajaj Allianz Life Insurance, said, "We have tied up with PolicyBazaar, as it has a proven track record in the online insurance sales space. We are hopeful of having mutual benefits with this partnership. Also, with PolicyBazaar's expertise, we are confident of witnessing growth in this segment. The online insurance market is poised to see a substantial growth in the coming years. So, we thought this would be the right time have such a partnership."
"We are targeting about 10-20 per cent share from the online space" he said, adding that online insurance market is poised to see a substantial growth in the coming years

More Content

All (25) | News (21) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Ulips, which once fuelled insurance boom, now l... [Published Financial Express - Aug 28 2014]
Record Sensex gets cheaper as earnings estimate... [Published Livemint.com - Aug 28 2014]
India: Previous years' soaring sales hike up un... [Published Asian Insurance Directory - Aug 27 2014]
Record Sensex Gets Cheaper as Earnings Estimate... [Published Washington Post - Aug 27 2014]
Bajaj Allianz Life Insurance ropes in Vijay Sin... [Published Agencyfaqs! - Aug 27 2014]
Unclaimed sum with insurers touches a steep Rs ... [Published Financial Express - Aug 26 2014]
Domestic institutional investors on track to se... [Published Livemint.com - Aug 24 2014]
The Insurance Laws (Amendment) Bill: Missing Th... [Published Counter Currents - Aug 22 2014]
Bajaj Allianz Life Insurance joins hands with P... [Published Business Standard India - Aug 13 2014]
Bajaj Allianz Life ties with PolicyBazaar,aims ... [Published Business Standard India - Aug 13 2014]
"The TIme For High Upfront Costs Is Gone" [Published Outlook Money - Aug 01 2014]
Want to enhance work productivity? Go fishing! [Published Times of India - Jul 30 2014]
HDFC Mutual Fund buys stake in Gammon India to ... [Published Indian-Commodity - Jul 30 2014]
Gammon India touches the roof as HDFC Mutual Fu... [Published Indian-Commodity - Jul 30 2014]
SBI Life Insurance posts net profit of Rs. 241 ... [Published Asia Insurance Post - Jul 29 2014]
Bajaj Finserv's income growth makes it a good buy [Published Economic Times - Jul 28 2014]
Move to hike insurance FDI brings JVs' stake pr... [Published Times of India - Jul 27 2014]
Return of the ULIP [Published Hindu Business Line - Jul 27 2014]
ChrysCapital Offloads Stake In Gammon India [Published Street Sweeper - Jul 27 2014]
ChrysCapital Offloads Stake In Gammon India [Published Deal Curry - Jul 25 2014]
Gammon India soars as Bajaj Allianz buys 15 lak... [Published Arihant Capital - Jul 25 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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