allianz

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

Segment Grows 15.4% To ₹1.4L Cr, Standalone Insurers Account For 33% Of Total Premium

Paris Saint-Germain secured their second consecutive Champions League final appearance with a 1-1 draw against Bayern Munich, winning 6-5 on aggregate. Ousmane Dembélé opened the scoring early, and despite Bayern's pressure and a late Harry Kane equalizer, PSG's defensive resilience saw them through to face Arsenal in Budapest.

A chaotic 5–4 Champions League thriller between PSG and Bayern has reignited debate over football’s identity, with pundits praising the relentless attacking display while critics, including Piers Morgan, dismissed it as defensively reckless. As Arsenal’s structured, control-heavy style under Mikel Arteta comes under comparison, the match has sharpened a wider argument over whether spectacle or discipline defines elite football success.

FC Barcelona Femení, who earlier thrashed Bayern Munich Women 7-1, expect a tougher semifinal clash, says Esmee Brugts. She stressed every match is different despite past dominance. Brugts has been key to Barcelona’s strong season, helping them reach another UWCL semifinal. With stars returning and her versatile role, she remains focused on improvement, saying the team is “never satisfied” and always hungry for more success.

Planning a luxury car rental abroad requires careful preparation. Book early to secure premium models and better prices. Understand all costs beyond the base rate, including add-ons and insurance. Ensure you have the correct documents and are aware of international driving rules. Choosing the right car for your trip and a reliable rental company is essential for a smooth experience.

Meghan Markle's simple "Mama" T-shirt during her Australian tour carried a powerful message, highlighting her support for Alliance of Moms, a charity aiding young parents in foster care. This thoughtful fashion choice amplified a personal gesture onto a global stage, showcasing her ability to blend personal advocacy with public appearances and influence.

A Mumbai teacher, her husband, and an insurance company must jointly pay nearly Rs 1 crore to the family of a 25-year-old dental intern killed in a 2018 hit-and-run. The tribunal found the driver solely responsible for jumping a red signal, rejecting claims of the victim's distraction. The compensation accounts for her academic potential and future earnings.

Edmonton Oilers star Leon Draisaitl, sidelined with a lower-body injury, made a surprise visit to Bayern Munich's locker room after their 4-0 win. A devoted fan, Draisaitl's appearance has Oilers supporters hoping for his swift recovery and return for the NHL playoffs, with management seeing his absence as a chance for him to rest and be fresh.

allianz Life Insurance Company of North America faced a significant hacking incident. Hackers accessed a third-party system. They obtained personal data of many customers, financial professionals, and some employees. The company is investigating and has notified the FBI. allianz Life is offering identity theft protection. The breach only affected allianz Life in the US.

Bajaj allianz Life Insurance has entered into a long-term bancassurance agreement with Dhanlaxmi Bank. As part of the agreement, the bank will continue to be a Corporate Agent for nine years and sell life insurance products of Bajaj allianz Life Insurance.

In a significant shift, allianz plans to exit its joint ventures with Bajaj Finserv in life and non-life insurance after a two-decade-long collaboration. Holding a 26% stake, the German insurer seeks new opportunities in India's market. In the event of a departure, options include buyout by Bajaj or divestment through an IPO.

PUNE: The insurance ventures of allianz, one of the world's leading financial services groups and Bajaj Auto, India's leading two and three-wheeler manufacturer, announced the launch of their life and general insurance operations in Pune on Sunday.

Ola, an online cab aggregator, on Monday announced its partnership with Bajaj allianz General Insurance to provide motor insurance solutions to its driver-partners.

Mumbai, Oct 17 () Driven by a near four-fold growth in underwriting profit, private sector Bajaj allianz General Insurance today reported 11 per cent growth in net profit at Rs 260 crore for the three months to September.

Bajaj group will take over allianz's 26% stakes in their insurance ventures for Rs 24,180 crore, making both insurers entirely Indian-owned. Bajaj Finserv’s stake will rise to over 75% in both firms. This acquisition ends a 24-year partnership with allianz, allowing both to pursue independent insurance strategies in India, enhancing shareholder value.

Bajaj allianz General Insurance has launched an 'extended warranty plan' for consumer durables, under which a customer will be able to extend the warranty period for 12 months after expiry of the manufacturer's product warranty.

Signalling the beginning of a trend, the first serious telecom merger deal is now on the table with Swan/Etisalat DB Telecom's proposing to merge its 13 circles with allianz Infratech two universal access service licences.

New Delhi, Apr 22 () Bajaj allianz General Insurance and Bajaj allianz Life Insurance in collaboration Wednesday launched their first product 'Total Health Secure Goal'. "This insurance plan is designed to take care of customers' health and life goals, through one comprehensive insurance policy.

Bajaj allianz General Insurance has launched a mobile application that caters to specific needs of farmers and enables them to enrol into the Pradhan Mantri Fasal Bima Yojana and register claims.

Technopark campus spread over 300 acres has 32 bird species finds a study by World Wildlife Fund, Kerala chapter. The bird-spotting project was undertaken by WWF for allianz which celebrates its 10th anniversary this year.

Bajaj Finserv has rebranded its insurance businesses to Bajaj General Insurance and Bajaj Life Insurance, signifying 100% Indian ownership after acquiring allianz SE's stake. The campaign "100% Bajaj. Made in India. Made for India. Made by India" highlights their commitment to policyholders and expanding insurance penetration across the nation.

German insurance giant allianz is planning a retail banking foray in India and is in talks with concerned authorities.

allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence. They also plan potential ventures in life and general insurance. This follows allianz's exit from its Bajaj Finserv venture. Jio Fin, a new financial services group, is expanding its offerings. allianz seeks to play a key role in India's risk management.

Some 14,000 fans will be allowed to attend Euro 2020 matches in Munich's allianz Arena this month if infection rates in Bavaria remain as low as at the moment, Bavarian State Premier Markus Soeder said on Friday. "We believe it is possible to have up to 20%, about 14,000 (in the stadium)," Soeder told a news conference. "The Euro is a special situation."

JM Financial Credit Solutions will sell a 2.1% stake in its home loans subsidiary to Bajaj allianz Life Insurance for ₹65.5 crore. The deal, expected to close by August 31, will reduce JMFCSL’s holding in JM Financial Home Loans from 8.98% to 6.88%. Consequently, JM Financial’s stake in the home loans unit will decrease to 96.66%.

NEW DELHI: World's third largest financial organisation allianz, which has insurance JV with Bajaj Auto, is eyeing the Indian mutual funds and pension sectors while planning to go for bancassurance and e-commerce for selling its life and non-life products in India.