CCI clears AXA raising stake in insurance JVs with Bharti

Last Updated: Thursday, May 28, 2015, 13:41

AXA is the first foreign partner to increase its stake in a domestic insurance company after the government had approved up to 49 percent FDI in insurance sector in March, compared to 26 percent earlier.

CCI approves AXA raising stake in insurance JVs with Bharti

Last Updated: Thursday, May 28, 2015, 00:11

Fair trade regulator CCI Wednesday approved European financial services giant AXA's proposal to hike its stake from 26 percent to 49 percent in its two insurance ventures with Sunil Mittal led Bharti Group, Bharti AXA Life Insurance and Bharti AXA General Insurance.

Govt approves 19 FDI proposals worth Rs 2,165 crore

Last Updated: Tuesday, May 5, 2015, 20:19

The government on Tuesday approved 19 FDI proposals worth Rs 2,165 cr including Rs 1,290 cr investment proposal of Bharti AXA Life and General Insurance.

AXA will step up investment to 49%: Bharti

Last Updated: Thursday, March 12, 2015, 21:58

Following Parliament's passing the Insurance Bill, Bharti Enterprises Thursday said its foreign partner AXA will step up equity investment to 49 percent in the joint venture.

Bharti AXA Life launches Secure Income Plan

Last Updated: Wednesday, August 7, 2013, 17:59

Private insurer Bharti AXA Life Insurance launched a traditional non-participating plan, which offers the policy holder tax free guaranteed income until maturity.

Ten life insurance funds beat Nifty with higher returns

Last Updated: Thursday, April 4, 2013, 16:35

Amid turbulent times in the stock market, at least ten funds managed by the life insurers have given better returns than the stock market benchmark index with gains of as high as 12.4 percent in the last fiscal.

Bharti Axa GI hopes to cut underwriting losses in FY14

Last Updated: Monday, March 11, 2013, 20:38

"We hope that underwriting losses will be lower in the next financial year and we are on track to break even by December 2014," Bharti Axa General Insurance Chief Executive Amaranath Ananthanarayanan said here.

Bharti AXA GI looking at 35% growth

Last Updated: Tuesday, February 12, 2013, 17:31

Bharti AXA General Insurance is looking at a 35 percent growth in its revenue Pan India this year and would be focusing on the underserved segment especially in tier 2 and 3 cities, a top official today said.

Bharti AXA Life launches an improved version of 'eProtect'

Last Updated: Tuesday, December 4, 2012, 21:13

Private insurer Bharti AXA Life Insurance Tuesday announced the launch of its improved online term insurance plan, Life eProtect.

Bharti AXA to focus on commercial line to drive future growth

Last Updated: Tuesday, November 27, 2012, 16:28

The company also said that southern and eastern regions would be the key focus areas going ahead.

Now, unemployment cover plan to make pink slip less painful

Last Updated: Wednesday, September 19, 2012, 09:23

Private life insurer Bharti AXA General Insurance is gearing up to launch an unemployment protection cover plan that will cover the risk of being laid off.