Total Networth

135.11 Cr.

Bajaj Allianz Life Insurance Company Ltd. was founded in 2001 as a joint venture between Bajaj Finserv Limited and Allianz SE. Today, the company is one of the leading private life insurance providers in India, with over 500 branches and more than 1 lakh agents as of December 2022. Bajaj Allianz Life Insurance Company Ltd. has also set up many strategic partnerships with other key players in the BFSI sector, like Axis Bank, IDFC First and Bandhan Bank. Furthermore, the company has even diversified its investors in the Indian financial markets, with its total portfolio value exceeding Rs.1,700 crores as of February 2024. The company’s investments are diversified across different sectors of the Indian market, like pharmaceuticals, hotels, banking & finance, chemicals & petrochemicals and cement & construction. Key stocks in the company’s portfolio include Sanofi India, The Ramco Cements, KSB Limited, Bajaj Finance, Sapphire Foods and BASF India Limited.