Bajaj Life Insurance

Bajaj Life Insurance

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← Previous revision Revision as of 05:41, 21 April 2026
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The company is 100% owned by the [[Bajaj Group]] – an Indian multinational conglomerate founded by [[Jamnalal Bajaj]] in Mumbai in 1926.{{cite web |title=Bajaj Finserv rebrands insurance arms after Allianz exit |url=https://timesofindia.indiatimes.com/business/india-business/bajaj-finserv-rebrands-insurance-arms-after-allianz-exit/articleshow/124377747.cms |website=The Times of India |date=8 October 2025}}{{cite web |last1=Kochuveedan |first1=Benn |title=Bajaj group pays Allianz Rs 21,390 crore for buying back 23% stakes in insurance JVs |url=https://www.newindianexpress.com/business/2026/Jan/08/bajaj-group-pays-allianz-rs-21390-crore-for-buying-back-23-stakes-in-insurance-jvs |website=The New Indian Express |language=en |date=8 January 2026}}
The company is 100% owned by the [[Bajaj Group]] – an Indian multinational conglomerate founded by [[Jamnalal Bajaj]] in Mumbai in 1926.{{cite web |title=Bajaj Finserv rebrands insurance arms after Allianz exit |url=https://timesofindia.indiatimes.com/business/india-business/bajaj-finserv-rebrands-insurance-arms-after-allianz-exit/articleshow/124377747.cms |website=The Times of India |date=8 October 2025}}{{cite web |last1=Kochuveedan |first1=Benn |title=Bajaj group pays Allianz Rs 21,390 crore for buying back 23% stakes in insurance JVs |url=https://www.newindianexpress.com/business/2026/Jan/08/bajaj-group-pays-allianz-rs-21390-crore-for-buying-back-23-stakes-in-insurance-jvs |website=The New Indian Express |language=en |date=8 January 2026}}

As of January 2026, the company reported assets under management of ₹1,26,434 crore, a solvency margin of 359%, and a claim settlement ratio of 99.29%. It operates through 596 branches, with a distribution network of over 1,57,841 insurance consultants and more than 28,000 employees.


==History==
==History==