HC asks insurance co to pay power firm Rs 5 cr - Deccan Herald

HC asks insurance co to pay power firm Rs 5 cr
Deccan Herald
Hearing a petition by PCKL, the High Court directed Bajaj Allianz life insurance company to pay Rs 4,98,23500 to PCKL. The amount was invested in the company in 2008 by then Director (Commercial) of PCKL, S Srinivasa Naik. The company was also directed ...

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New, reworked Ulips may not offer better returns - Business Today


Business Today
New, reworked Ulips may not offer better returns
Business Today
At least four life insurance companies recently launched unit-linked insurance plans, or Ulips, without allocation charge. These are Future Generali Pramukh Nivesh, Bajaj Allianz Guaranteed Maturity Insurance Plan, Bharti AXA Future Invest and Kotak ...

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Minority shareholders oppose Akzo Nobel merger move - Hindu Business Line


Hindu Business Line
Minority shareholders oppose Akzo Nobel merger move
Hindu Business Line
Institutional investors – ICICI Prudential Life, LIC, New India Assurance, Oriental Insurance, GIC, UTI, Bajaj Allianz, SBI Mutual, among others – will see their shareholding reduce by 3 per cent. InGovern, which recommended voting against the ...

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Bajaj Finserv profits increase, but life insurance business palls - Livemint


Hindu Business Line
Bajaj Finserv profits increase, but life insurance business palls
Livemint
The short point is that the insurance industry hasn't recovered from the blow, as is evident from Bajaj Finserv's December quarter numbers. Its unit Bajaj Allianz Life Insurance Co. Ltd reported a business profit of Rs283 crore for the quarter, ...
Bajaj Finserv profit soars to Rs 170 cr mydigitalfc.com
Bajaj Finserv consolidated Q3 profit jumps 59.26% Myiris.com
Bajaj Finserv posts 59 pc jump in net profit in Dec quarter Economic Times
4-traders (press release) - Hindu Business Line - Business Standard
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Corporate agency channel runs out of favour with life insurers - Business Standard

Corporate agency channel runs out of favour with life insurers
Business Standard
For instance, HDFC Life now has only 10 corporate agents, compared with 374 in April 2010. Bajaj Allianz Life saw the figure decline 66 per cent to 289 from 864 in the same period. Life Insurance Corporation (LIC) of India has reduced the number of ...
Proper paperwork in time can save nine in insurance mydigitalfc.com

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Pledge your insurance policy for a loan - Business Today


Business Today
Pledge your insurance policy for a loan
Business Today
"We sanction loans within three days of the request reaching the customer focus unit," says Pawan Mahajan, head, customer focus unit, Bajaj Allianz Life Insurance. The way the loan amount is calculated is different for Ulips and traditional policies.

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Insurance: Seek cover, not money - Business Standard

Insurance: Seek cover, not money
Business Standard
However, in case of a loss of the life assured, only the sum assured is paid,” says Rituraj Bhattacharjee, head (market management), Bajaj Allianz Life Insurance. For instance, if one buys a return of premium cover and opts for a sum assured of Rs 10 ...

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