Bajaj Allianz Life

Bima-ASBA Facility: You can use this feature while purchasing Bajaj Allianz Life policies; check details

by
Bima-ASBA Facility: You can use this feature while purchasing Bajaj Allianz Life policies; check details

Bajaj Allianz Life has become the first mainstream insurer to implement the BIMA-Application Supported by Blocked Amount (Bima-ASBA) facility. This initiative, launched by the Insurance Regulatory and Development Authority of India (IRDAI), aims to streamline operations, improve policyholder convenience, increase transparency, and simplify the insurance premium payment process.  Bima-ASBA offers policyholders the option to utilise … Read more

Life insurers’ new biz premiums hint at revival

by
Life insurers’ new biz premiums hint at revival

MUMBAI: Life insurers saw new business premiums (NBP) climb more than a fourth in September, pointing to a quick revival in an industry that’s crucial for helping finance long-gestation and capital-intensive assets. In September, NBP of life insurers saw a robust 26.5% increase at Rs 25,366.32 crore against the same period last year, led by … Read more