As Fed bets are repriced, global fund managers look at cheap China; haven plays in Korea, India & JapanCorporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&...
Trust investment-led investors put ₹975 cr in GI hydro bondsGI Hydro, which operates 110 mw hydro power projects in Sikkim, will use the proceeds to repay existing lenders, including REC Ltd and Edel...
Navigating the general insurance landscape: A reflective review and forward outlookThe GI industry is entirely focused on achieving the glorious mission of 'Insurance for All' by 2047, set by the insurance regulator.
Insurers plan digital payments platform for reinsurance businessAccording to an executive aware of the developments, a new company will be set up towards this end, where general insurance companies throu...
‘General insurers to recover as Covid cases fall, jabs rise’India’s general insurance sector is set to gradually recover from high loss ratios, which hit the solvency margins of top players in the fi...
Over half of FY21 Covid mediclaims filed in just six weeksAs of March 31, non-life companies including health insurers received 9.8 lakh claims for Rs 14,560 crore for treatment of Covid-19. This w...
Sterlite Power raises Rs 200 crore from Allianz Global InvestorsSterlite Power has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) a company statement said
Bounce in car sales help insurers offset Corona lossesLeading insurers are seeing a healthy jump in their motor vehicle portfolio with premiums accrued from new business growing both correspond...
General insurance industry's premium grows 16% in AprilAfter the increase in the third party motor premium since April 1, the industry, as a whole, has recorded the highest growth in the portfol...
Brexit unlikely but funds will flow back to developed markets ahead of event: Stefan Scheurer, Allianz GIMore than Brexit ,expecting higher volatility to come from the Fed policy
Bajaj Allianz GI starts helpline number for Jammu and Kashmir flood victimsPrivate sector Bajaj Allianz General Insurance has introduced a dedicated helpline number for the Jammu and Kashmir flood victims.
Bajaj Allianz General Insurance plans 4,000 virtual offices in 2-3 yearsBajaj Allianz General Insurance said it plans to open over 4,000 virtual offices spread across Tier 2 and 3 cities over the next 2-3 years.
Private general insurers market share inch up to 44% in FY14Some of the private sector non-life insurers, who gained market share during the year include Bajaj Allianz, HDFC Ergo, SBI General, Relian...
- Bajaj Allianz GI launches new home insurance product
The Pune-based firm is a joint venture between Germany's Allianz Group and Bajaj Finserv, in which the latter holds 74 per cent stake.
- General insurance industry hopes for better growth in current fiscal
General insurance (GI) industry expects better growth in the current fiscal as greenshoots start appearing in the commercial vehicle segmen...
Bajaj Allianz eyes Rs 600 crore profit; Rs 4,700 crore premium FY14Bajaj Allianz hopes to close the current fiscal with around Rs 600 crore profit and a premium income of over Rs 4,700 crore.
'Bajaj Allianz GI to grow above industry average this fiscal'Bajaj Allianz hopes to grow better than the industry average, which is likely to grow around 15 per cent in this fiscal amid slowdown.