Bajaj Allianz Life creates milestone by crossing Rs. 70,000 crores Assets Under Management (AUM)
The Bajaj Allianz Life Insurance, one of the India’s leading private life insurers, achieved a significant milestone by crossing Rs. 70,000 crores of Assets Under Management (AUM) as of 31st December 2020.
Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said, “This milestone is a reflection of the customers’ trust in the brand, and the collective efforts of the team to ensure that our customers’ life goals are on track, pandemic or no pandemic. Our experts within the investment team have also ensured that despite the fluctuations in the markets due to COVID-19, our funds continued to deliver strong risk-adjusted returns. I am confident that in the new calendar year, with all the learnings from last year and the new business environment that has emerged, we will only strengthen the trust amongst our customers and emerge a more trusted brand.”
For more info read the press release.