29-March-2025
Corporate News
 
Allianz to explore new avenues in India after exit from Bajaj JVs
26-Mar-2025

“India will continue to be one of Allianz’s main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator,” the company said. This comes after the Germany-based financial services company signed a share-purchase agreement with Bajaj Finserv to sell its 26 per cent stake each in the insurance joint ventures it has with Bajaj Finserv — Bajaj Allianz Life and Bajaj Allianz General Insurance — for a total consideration of Rs 24,180 crore.

News Source:- https://www.rediff.com/business/report/allianz-to-explore-new-avenues-in-india-after-exit-from-bajaj-jvs/20250326.htm