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The first unit-linked insurance plan was launched by Unit Trust of India. [1] With the Government of India opening up the insurance sector to foreign investors in 2001 [2] and the subsequent issue of major guidelines for unit-linked insurance plans by the Insurance Regulatory and Development Authority, now the Insurance Regulatory and Development Authority of India, in 2005, [3] several ...
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai, Maharashtra, India in 1926. [2][3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4] The group has involvement in various industries that include automobiles ...
SBI Life Insurance Company. SBI Life Insurance Company Limited[3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
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Bajaj Allianz General Insurance is a private general insurance company in India. [32] It is another joint venture between Bajaj Finserv Limited and Allianz SE . It is headquartered in Pune with offices in over 200 cities in India and more than 3,500 employees as of 2018.
Share of the Allianz Versicherungs-AG, issued 5 February 1890 An early Allianz agent's plaque. Allianz AG was founded in Berlin on 5 February 1890 by the then-director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of the Thuringia insurance company) and Wilhelm von Finck (co-owner of the Merck Finck & Co. Bank).
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Website. irdai.gov.in. The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous [1] and statutory body under the jurisdiction of Ministry of Finance, Government of India. It is tasked with regulating and licensing the insurance and re-insurance industries in India. [2] It was constituted by the Insurance Regulatory ...
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