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The Supreme Court's notice said if Bajaj Allianz does not deposit the amount the stay will be vacated
Singhel has already completed 10 years as the MD & CEO of the company
Since the insured had died on January 12, 2015, well within the auto-cover period, the National Commission held the claim to be payable
The experience in group term has been worsening because group term is more efficient in reporting claims, says MD Chugh
The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others
In the segment, life insurers are able to give better post-tax returns than fixed deposits, Chugh said
With the unabated rise in Covid-19 cases in the country, leading non-life insurer Bajaj Allianz has called for setting up a 'pandemic pool'
IRDAI has so far received 173 proposals, most of which incentivise wellness in the health insurance space through the use of apps and wearable devices
CEO Tarun Chugh says median age of Indians is 25 years and they are not looking for life insurance
Shares of Indian technology companies have been hurt by uncertainty about US visas
This is being offered to look into the driving habits and incentivise customers