With full control of its insurance business, Bajaj is eyeing expansion into the booming NRI insurance market
26-Mar-2025•Abhinav Goel
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After a 24-year-long partnership, the Bajaj Group has parted ways with Allianz SE, the world's largest insurance giant. In a landmark deal worth Rs 24,180 crore, Bajaj Finserv is buying out Allianz's 26 per cent stake each in their two joint insurance ventures—Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance.
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