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MACT orders Bajaj Allianz General to pay Rs4.59 crore as compensation to parents of a 35-year-old Italian engineer

MACT orders Bajaj Allianz General to pay Rs4.59 crore as compensation to parents of a 35-year-old Italian engineer

by AIP Online Bureau | Mar 18, 2026 | Indian News, Non-Life

The court rejected the argument absolving the insurer(Bajaj Allianz General Insurance) of the truck of all liability on the basis of the driver not having a valid licence, as it noted no evidence to substantiate the claim had been placed on record. The insurance...

General insurance industry’s premium grows 14% to Rs 26,629 crore in July, Pvt sector cos lead

by AIP Online Bureau | Aug 7, 2023 | Health, Indian News, Non-Life

Bajaj Allianz General Insurer with a premium base of Rs3762 crore , a y-o-y growth of 51 per cent, has overtaken ICICI  Lombard General insurance in garnering the largest  premium in the month of July Mumbai: The Indian general  insurance industry has...
Bajaj Allianz General Insurance net profit soars 30% to Rs 322 crore in Q4 2022-23

Bajaj Allianz General Insurance net profit soars 30% to Rs 322 crore in Q4 2022-23

by AIP Online Bureau | Apr 27, 2023 | Indian News, Non-Life

The company had an underwriting losses of Rs 2 crore for Q4 FY23 as against a profit of Rs 9 crore in Q4 FY22 Pune: With a combined ratio(CR) of of 97.3 per cent, Bajaj Allianz General Insurance Company(BAGIC) has reported a 30 per cent year-on -year(Y-O-Y) jump in...

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