Bajaj Allianz Life Insurance Company Ltd : Company Profile and SWOT Analysis
Timetric's "Bajaj Allianz Life Insurance Company Ltd : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries as well as employee biographies.
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The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Allianz) is a provider of a wide range of life insurance products. The company offers pension plans; unit linked regular and single premium plans; traditional products, including endowment and annuities; and term plans. It also offers employee group insurance products; micro insurance; and child insurance. Furthermore, the company offers savings plans, investment solutions, and retirement plans. It sells its products through a network of offices, agents and brokers. It is a joint venture between Allianz SE, a global insurance company based in Germany, and Bajaj Finserv Limited, a financial services provider based in India. Bajaj Allianz is headquartered in Pune, India.
The company reported gross written premium of INR58,973.1 million during fiscal year ended March 2016 (FY2016), representing a decline of 2% over FY2015. It recorded net premium income of INR58,317.2 million in FY2016, a decline of 2% over FY2015.