Pune: Bajaj Allianz Life Insurance has reported a net profit of Rs 97 crore in Q1FY25 , while assets under management stood at Rs 1.7 lakh crore, up 23%. The company’s individual rated new business grew 26% to Rs 1,294 crore during the quarter, compared to the previous year when it stood at Rs 1,028 crore.
“Today, with over 545 branches, 1.53 lakh agents, 35 trusted bank partnerships, 25, 000 employees, and a robust digital presence, we are reaching existing and new customers in an effective manner. Not only domestic, but even NRIs are gaining effectively through our presence.
We will continue to strengthen our engagement and presence ,” Tarun Chugh, MD & CEO, said. TNN We also published the following articles recently Bajaj Allianz General Insurance partners HSBC for distribution Bajaj Allianz General Insurance and HSBC India partnered to provide insurance products, focusing on technology for efficient service delivery. In FY24, Bajaj Allianz expanded its network with 22 new partnerships and reported significant growth, positioning itself as the third-largest general insurer in India.
HSBC operates across 14 cities with a substantial workforce. Peaceful shutdown amid heavy police presence The Bharat Bandh in Jaipur had a notable impact, with many shops closing and essential services remaining open. The protest prompted the closure of educational institutions and disrupted transportation.
Despite this, the bandh was peaceful, with significant police presence ensuring or.