allianz

A Delhi consumer court confirmed the insurer's denial of a health claim, revealing serious discrepancies in medical documentation. Investigators uncovered that a patient had been administered an injection after their discharge, with evidence showing a pathologist's signature was forged.

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

Segment Grows 15.4% To ₹1.4L Cr, Standalone Insurers Account For 33% Of Total Premium

Paris Saint-Germain secured their second consecutive Champions League final appearance with a 1-1 draw against Bayern Munich, winning 6-5 on aggregate. Ousmane Dembélé opened the scoring early, and despite Bayern's pressure and a late Harry Kane equalizer, PSG's defensive resilience saw them through to face Arsenal in Budapest.

A chaotic 5–4 Champions League thriller between PSG and Bayern has reignited debate over football’s identity, with pundits praising the relentless attacking display while critics, including Piers Morgan, dismissed it as defensively reckless. As Arsenal’s structured, control-heavy style under Mikel Arteta comes under comparison, the match has sharpened a wider argument over whether spectacle or discipline defines elite football success.

FC Barcelona Femení, who earlier thrashed Bayern Munich Women 7-1, expect a tougher semifinal clash, says Esmee Brugts. She stressed every match is different despite past dominance. Brugts has been key to Barcelona’s strong season, helping them reach another UWCL semifinal. With stars returning and her versatile role, she remains focused on improvement, saying the team is “never satisfied” and always hungry for more success.

Planning a luxury car rental abroad requires careful preparation. Book early to secure premium models and better prices. Understand all costs beyond the base rate, including add-ons and insurance. Ensure you have the correct documents and are aware of international driving rules. Choosing the right car for your trip and a reliable rental company is essential for a smooth experience.

Meghan Markle's simple "Mama" T-shirt during her Australian tour carried a powerful message, highlighting her support for Alliance of Moms, a charity aiding young parents in foster care. This thoughtful fashion choice amplified a personal gesture onto a global stage, showcasing her ability to blend personal advocacy with public appearances and influence.

allianz Life Insurance Company of North America faced a significant hacking incident. Hackers accessed a third-party system. They obtained personal data of many customers, financial professionals, and some employees. The company is investigating and has notified the FBI. allianz Life is offering identity theft protection. The breach only affected allianz Life in the US.

Bajaj allianz Life Insurance has entered into a long-term bancassurance agreement with Dhanlaxmi Bank. As part of the agreement, the bank will continue to be a Corporate Agent for nine years and sell life insurance products of Bajaj allianz Life Insurance.

In a significant shift, allianz plans to exit its joint ventures with Bajaj Finserv in life and non-life insurance after a two-decade-long collaboration. Holding a 26% stake, the German insurer seeks new opportunities in India's market. In the event of a departure, options include buyout by Bajaj or divestment through an IPO.

Edmonton Oilers star Leon Draisaitl, sidelined with a lower-body injury, made a surprise visit to Bayern Munich's locker room after their 4-0 win. A devoted fan, Draisaitl's appearance has Oilers supporters hoping for his swift recovery and return for the NHL playoffs, with management seeing his absence as a chance for him to rest and be fresh.

A Mumbai teacher, her husband, and an insurance company must jointly pay nearly Rs 1 crore to the family of a 25-year-old dental intern killed in a 2018 hit-and-run. The tribunal found the driver solely responsible for jumping a red signal, rejecting claims of the victim's distraction. The compensation accounts for her academic potential and future earnings.

PUNE: The insurance ventures of allianz, one of the world's leading financial services groups and Bajaj Auto, India's leading two and three-wheeler manufacturer, announced the launch of their life and general insurance operations in Pune on Sunday.

Mumbai, Oct 17 () Driven by a near four-fold growth in underwriting profit, private sector Bajaj allianz General Insurance today reported 11 per cent growth in net profit at Rs 260 crore for the three months to September.

Ola, an online cab aggregator, on Monday announced its partnership with Bajaj allianz General Insurance to provide motor insurance solutions to its driver-partners.

Bajaj group will take over allianz's 26% stakes in their insurance ventures for Rs 24,180 crore, making both insurers entirely Indian-owned. Bajaj Finserv’s stake will rise to over 75% in both firms. This acquisition ends a 24-year partnership with allianz, allowing both to pursue independent insurance strategies in India, enhancing shareholder value.

Bajaj allianz General Insurance has launched an 'extended warranty plan' for consumer durables, under which a customer will be able to extend the warranty period for 12 months after expiry of the manufacturer's product warranty.

Signalling the beginning of a trend, the first serious telecom merger deal is now on the table with Swan/Etisalat DB Telecom's proposing to merge its 13 circles with allianz Infratech two universal access service licences.