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Uploaded 1 month ago

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Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.

Uploaded by: Rediff Video Desk on Fri, 09 Jan 2026 18:26:37 +0530

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