January 20, 2017 6:55 AM ET

Insurance

Company Overview of Bajaj Allianz Life Insurance Company Limited

Company Overview

Bajaj Allianz Life Insurance Company Limited provides life insurance and general insurance in India. The company operates through Participating, Non-Participating, and Linked segments. It offers life insurance, health insurance, and pensions to individual and group customers across the traditional and unit-linked platforms. The company’s product portfolio varies across participating life, non-participating linked, non-linked life, health, variable insurance, annuity, and pension products. It distributes its products through individual agents, corporate agents, banks, brokers, and direct sales channels, as well as online through the company’s Website. Bajaj Allianz Life Insurance Company Limi...

GE Plaza

1st Floor

Airport Road

Yerawada

Pune,  411006

India

Founded in 2001

8,710 Employees

Phone:

91 20 6602 6777

Fax:

91 20 6602 6789

Key Executives for Bajaj Allianz Life Insurance Company Limited

Chief Executive Officer, Managing Director, Director, Member of Investment Committee, Member of Risk Management Committee, Member of Policyholders Protection Committee, Member of With Profit Committee, Member of Corporate Social Responsibility Committee and Member of Share Allotment Committee
President and Chief Institutional Business Officer
Chief Financial Officer and Member of Investment Committee
Head of Business Procurement & Microinsurance and Senior Vice President
Compensation as of Fiscal Year 2016.

Bajaj Allianz Life Insurance Company Limited Key Developments

Bajaj Allianz Life Insurance Company Limited Presents at Kotak Securities Group Meeting, Aug-22-2016

Bajaj Allianz Life Insurance Company Limited Presents at Kotak Securities Group Meeting, Aug-22-2016 .

Bajaj Allianz Life Insurance Company Limited Reports Cash Flow Results for the Year Ended March 31, 2016

Bajaj Allianz Life Insurance Company Limited reported cash flow results for the year ended March 31, 2016. For the year, the company reported net cash used in operating activities of INR 5,839.6 million against INR 39,308.1 million a year ago. Purchase of fixed assets (including capital advances) was INR 207.9 million against INR 123.1 million a year ago.

Bajaj Finserv Reportedly Seeks Acquisition Of Allianz's Stake

Bajaj Finserv Limited (BSE:532978) shares touched record high of INR 2,245.30, up 8 percent intraday June 27, 2016, after a media report indicated that the company is likely to buy out Allianz's stake in its insurance units. "Bajaj Finserv is likely to buy out its Allianz SE's stakes in two insurance units — Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Co. Ltd — in a deal estimated at as much as INR 100 billion," a media report said quoting three people familiar with the development. Bajaj Finserv, the financial services arm of Bajaj Holdings and Investments, owns 74 percent and Allianz SE holds 26 percent in both the ventures.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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