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Bharathi AXA LIC launches operations in Pondy

Puducherry, Oct 6: Bharathi AXA Life Insurance Company Limited, a joint venture between Bharathi Enterprises and AXA group, today launched it's operations in Puducherry.

According to a release here, Deputy Consul General of France in Puducherry Francois Stridy inaugurated the branch. The Puducherry branch would strengthen the company's presence in the southern region. It had already launched its branches in Kochi, Coimbatore, Tirupur and Erode last month.

Speaking on the occasion, Company CEO Nitin Chopra said the launch reaffirms its committment to bring AXA's global expertise in providing insurance and wealth management solutions to diverse consumer segments in India.


UNI

Bajaj Allianz earns Rs 63 crore profit

Nashik, May 13: Insurance company Bajaj Allianz has earned Rs 63 crore profit in the fiscal 2006-2007. The company has also topped in number of policies by distributing 20 lakh policies this fiscal. It has achieved Rs 4,270 crore premium, out of which 70 per cent is regular premium, said Hemant Kulkarni, Area Manager, Nashik Road today here.A joint-venture of Bajaj Auto and Allianz AG of Germany, the company has operations in India since last three years. Bajaj.....
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