Bajaj Allianz Life Insurance

SBI General Insurance and Tata AIG General Insurance are also said to be looking at launching a surety insurance product soon, said sources

In a Q&A, Tarun Chugh dwells on how his firm became the fastest growing in its space, recent Irdai initiatives, and the company's future plans

But examine countries covered and claim settlement mode

We are positive on select private banks with credit growth picking-up and asset quality outlook being benign/improving.

The event was held at Jawaharlal Nehru Stadium, Delhi

Currently, the growth trend has not stalled but it may going forward, but life insurance as a sector will be one of the fastest growing sectors, says Bajaj Allianz Life Insurance CEO Tarun Chugh

Overall Covid claims constituted 20 percentage points (ppt) of the claim ratio movement, said Singhel

The life insurance industry saw massive disruptions in the initial period of the pandemic

The Bajaj Allianz Life Insurance CIO expects natural profit taking to happen with rising markets, but does not see any meaningful correction

The Pune-headquartered life insurer has been topping industry growth chart for long

This includes one-time bonus of Rs 315 cr, over and above regular bonus; company says it is the 20th consecutive year that it is declaring a bonus

This includes a special one-time bonus of Rs 315 crore

Bajaj Allianz Life on Wednesday said it will offer financial support of up to Rs 1 crore to the family of its employees impacted by COVID-19.

The private sector life insurer said its assets under management have crossed the Rs 70,000-crore milestone by the end of December

Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic

As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.

Tapan Singhel, managing director (MD) and chief executive officer (CEO), Bajaj Allianz General Insurance, in an interview with Subrata Panda, speaks about the company's business during the lockdown.

We are disclosing as much and sometimes more than what the listed companies are disclosing

Acceleration in corporate earnings growth in FY20 is expected to drive the markets from here on, Reddy says. From an allocation perspective, he still prefers large-caps

---Blurb'This classical discussion that life insurance products should only have life insurance covers and should not have investment along is entirely misplaced' ---TARUN CHUGH, managing director and chief executive officer at Bajaj Allianz Life Insurance Company, to Advait Rao Palepu on the changes in the sector and his company. Edited excerpts: Could you walk us through the company's growth over the past year?We have been strong on the mass market side. Last year we underwrote around 44 million lives, which is around 24 per cent of the entire life insurance sector, including covers by (government-owned giant) Life Insurance Corporation. We are present in 628 branches and 550 cities; 75-80 per cent of micro finance institutions work with us. Over the next three years, we are committing ourselves to life goals of the customer -- that way, the narrative changes, as one starts thinking about the customer. Until February this (financial) year (ending March 31), on a weighted new ...