Financial Analysis of Bajaj Allianz
LOVELY PROFESSIONAL UNIVERSITY
DEPARTMENT OF MANAGEMENT
Report on Summer Training
FINANCIAL ANALYSIS
OF
BAJAJ ALLIANZ LIFE INSURANCE
Submitted to Lovely Professional University
In partial fulfillment of the
Requirements for the award of Degree of
Master of Business Administration
Submitted by:
Sharmishtha Singh
University Roll No. RR1904B 25
DEPARTMENT OF MANAGEMENT LOVELY PROFESSIONAL UNIVERSITY PHAGWARA
About Company
Bajaj Allianz is a joint venture between Allianz AG one of the world’s largest insurance companies, and Bajaj Auto, one of the biggest 2 and 3 wheeler manufacturers in the world. Bajaj Allianz is into both life insurance and general insurance.
Allianz Group is one of the world’s leading insurers and financial services providers. Founded in 1890 in Berlin, Allianz is now present in over 70 countries with almost 174000 employees. Bajaj group is the largest manufacturer of two-wheelers and three-wheelers in India and one of the largest in the world.
Bajaj Allianz General Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) on May 2nd. 2001 to conduct General Insurance business (including Health Insurance business) in India. The Company has authorized and paid up capital of Rs 147 crores. Bajaj Auto holds 74% and the remaining 26%is held by Allianz, AG Germany.
Bajaj Allianz today has a network presence in over 200 towns spread across the length and breadth of the country. From Surat to Siliguri and Jammu to Thiruvananthapuram, all the offices are interconnected with the Head Office at Pune.
Today, Bajaj Allianz is one of India’s leading and fastest growing insurance companies. Currently, it has presence in more than 800 locations with over 1.50 lacs insurance Consultants.
DEPARTMENT OF MANAGEMENT
Report on Summer Training
FINANCIAL ANALYSIS
OF
BAJAJ ALLIANZ LIFE INSURANCE
Submitted to Lovely Professional University
In partial fulfillment of the
Requirements for the award of Degree of
Master of Business Administration
Submitted by:
Sharmishtha Singh
University Roll No. RR1904B 25
DEPARTMENT OF MANAGEMENT LOVELY PROFESSIONAL UNIVERSITY PHAGWARA
About Company
Bajaj Allianz is a joint venture between Allianz AG one of the world’s largest insurance companies, and Bajaj Auto, one of the biggest 2 and 3 wheeler manufacturers in the world. Bajaj Allianz is into both life insurance and general insurance.
Allianz Group is one of the world’s leading insurers and financial services providers. Founded in 1890 in Berlin, Allianz is now present in over 70 countries with almost 174000 employees. Bajaj group is the largest manufacturer of two-wheelers and three-wheelers in India and one of the largest in the world.
Bajaj Allianz General Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) on May 2nd. 2001 to conduct General Insurance business (including Health Insurance business) in India. The Company has authorized and paid up capital of Rs 147 crores. Bajaj Auto holds 74% and the remaining 26%is held by Allianz, AG Germany.
Bajaj Allianz today has a network presence in over 200 towns spread across the length and breadth of the country. From Surat to Siliguri and Jammu to Thiruvananthapuram, all the offices are interconnected with the Head Office at Pune.
Today, Bajaj Allianz is one of India’s leading and fastest growing insurance companies. Currently, it has presence in more than 800 locations with over 1.50 lacs insurance Consultants.