Insurance

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Bajaj Allianz General Insurance

Bajaj Allianz General Insurance was established in 2001 as a joint venture and is now fully controlled by Bajaj Finserv Limited. Sanjiv Bajaj serves as...

Bajaj Allianz General Insurance logo

Bajaj Allianz General Insurance

Bajaj Allianz General Insurance was established in 2001 as a joint venture and is now fully controlled by Bajaj Finserv Limited. Sanjiv Bajaj serves as chairman of both the insurer and the parent holding company. The company writes property, casualty, and health coverage across India. Its investment portfolio includes long equity holdings in Karnataka Bank and Reliance Industries as well as interests in Bajaj Finserv Health Limited and Bajaj Finserv Direct Limited. Geographic reach covers the domestic market with additional offices in Mumbai and New Delhi. Capital is deployed through direct equity positions and participation in index funds. The firm employs an undisclosed number of professionals and maintains three regional offices. It sponsors the General Insurance Festival of India and participated in the National Health Claim Exchange workshop in June 2024. Bajaj Finserv acquired full ownership in 2026 following Allianz SE's exit. Bajaj Allianz General Insurance sits inside the Bajaj Finserv group structure, which also houses lending, health tech, and wealth-management vehicles. Governance flows through the listed parent rather than a standalone family office.

General information

Firm type

Insurance

Year founded

2001

AUM

14709 (Altss estimate)

Location

Region

Asia

Country

India

City

Pune

Corporate office

Bajaj Allianz House, Airport Road, Yerawada, Pune, Maharashtra 411006, India

Additional offices

Mumbai, India · New Delhi, India

Principals

Sanjiv Bajaj

Chairman

Sector focus

InsuranceFinancial Services

Frequently asked questions

Who runs investment decisions at Bajaj Allianz General Insurance?

Sanjiv Bajaj serves as chairman. Portfolio management occurs within the Bajaj Finserv group framework.

Does Bajaj Allianz General Insurance participate in fund commitments or only direct deals?

The firm holds direct equity positions and exposure through index funds. No external fund commitments are disclosed.

Where does the underlying capital originate?

Capital originates from insurance premiums and reserves of the general insurance business under Bajaj Finserv ownership.

What is Bajaj Allianz General Insurance's known posture on co-investments alongside external GPs?

No external GP co-investment activity is recorded in available filings.

How is Bajaj Allianz General Insurance related to Bajaj Finserv Limited?

Bajaj Finserv Limited is the parent holding company that acquired 100 percent control in 2026.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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