Bajaj allianz general insurance is the second largest in pvt and most profitable
General insurer (even profitable than lombard)
Bajaj fjnserv owns 74% in it.
Growth in bajaj finserv is just beginning
Madras High Court Rules Making Bumper-To-Bumper Insurance Mandatory For New Vehicles, @YashJain88 reports— Sonia Shenoy (@_soniashenoy) August 27, 2021
negative for auto companies
demand could get hit, prices to rise
historically, implementation of mandatory 3rd party insurance impacted customer sentiments in 2Ws in 2018