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Bajaj Finserv net income jumps 42 pc to Rs 1,782 crore

by AIP Online Bureau | Jan 30, 2023 | Indian News, Life, Non-Life

The general insurance arm’s net profit declined 9 per cent to 278 crore from Rs 304 crore and that of life insurance arm’s too declined 8 per cent to Rs 81 crore from Rs 88 crore. Mumbai:Bajaj Finserv, holding company of Bajaj Group’s financial...
Bajaj Allianz General’s net profit surges 147 % to Rs 411 crore in Q1FY23 on higher investment income

Bajaj Allianz General’s net profit surges 147 % to Rs 411 crore in Q1FY23 on higher investment income

by AIP Online Bureau | Jul 28, 2022 | Indian News, Non-Life

The general insurer’s combined ratio stood at 104.6 per cent in Q1 FY23 as compared to 103.4 per cent in Ql FY22 mainly due to higher claims ratio The company’s investment and other income (net) for Q1 FY23 increased by 30 per cent y-o-y to Rs 612 crore...

Bajaj Allianz launches usage-based motor insurance add-on cover

by AIP Online Bureau | Jul 24, 2022 | Indian News, Non-Life, Technology

Pay-as-you-consume add-on cover can be opted by the customer along with the basic OD (Own Damage) plan under Package Product, Bundled and Standalone OD cover, the company said Pune: Private sector Bajaj Allianz General Insurance launched its add-on motor insurance...

Bajaj Allianz General Insurance launches health product

by AIP Online Bureau | Dec 18, 2021 | Indian News, Non-Life, Technology

Bajaj Allianz General Insurance on Friday launched a new product in its health insurance vertical offering cashless facilities in four key areas — tele-consultation, doctor consultation, investigations, and annual preventive health check-up covers. Called...

Bajaj Allianz General now the 4th insurer to offer drone cover

by AIP Online Bureau | Nov 25, 2021 | Indian News, Non-Life, Technology

Insurance protection is offered for the damage to the drone and the payload it carries will provide coverage for replacement/repair, accidental loss of/damage to the UAS (unmanned aircraft system) arising from the risks covered, including its disappearance, is...
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