UEFA has announced that the Allianz Arena in Munich will host the Champions League final in 2028, and Camp Nou in Barcelona will host the final in 2029, marking significant returns for both iconic stadiums.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
Harry Kane has been named Germany's Footballer of the Year, becoming the first English player to receive the prestigious award. The Bayern Munich star expressed his delight at the recognition, which follows a stellar 2025-26 season where he also secured the European Golden Shoe and the Franz Beckenbauer Supercup.
The UEFA Champions League group stage commenced with contrasting fortunes for debutants Como and Sabah. Italian side Como secured a dominant 4-1 victory over RB Leipzig, celebrating their first-ever qualification in style at their upgraded home stadium. In contrast, Azerbaijani champions Sabah faced a challenging debut, suffering a 4-0 defeat against Manchester United at Old Trafford.
Bayern Munich midfielder Jamal Musiala has been diagnosed with a temporary, brief, but easily treatable neurological disorder after collapsing during two recent friendly matches, the 23-year-old Germany international announced.
Juventus secured a 2-0 home win over Parma in Serie A, with goals from substitutes Nico Gonzalez and Teun Koopmeiners.
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.
The Association of Healthcare Providers - India (AHPI), representing hospitals and healthcare institutions across the country, has advised its members in north India to stop providing cashless treatment facilities for policyholders of Bajaj Allianz General Insurance Company, with effect from September 1.
Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.
Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.
Paris St Germain drew 1-1 with Bayern Munich, securing a 6-5 aggregate victory and a place in the Champions League final against Arsenal.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Bayern Munich defeated Real Madrid 4-3 in a dramatic Champions League quarter-final second leg, securing a 6-4 aggregate victory and a place in the semi-finals against Paris St Germain.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.
Harry Kane scores twice as Bayern Munich beat Eintracht Frankfurt 3-2 to go nine points clear in the Bundesliga; Monaco stun Lens in Ligue 1.
FC Barcelona hammered Newcastle United F.C. 7-2 to reach the Champions League quarter-finals, while Liverpool F.C., Bayern Munich and Atltico Madrid also advanced.
Mario Lemina's early diving header handed Galatasaray a 1-0 victory over Liverpool in their Champions League last-16 first leg on Tuesday.
IMAGES from Serie A matches played on Sunday
Galatasaray struck twice in extra time to end 10-man Juventus' brave fightback and reach the Champions League's last 16, progressing with a 7-5 aggregate victory.
Mbappe fires Real Madrid to the summit, Bayern lose at home and Dortmund stay in the title hunt.
IMAGES from UEFA Champions League matches played on Wednesday
'Pick a sum insured that realistically covers major hospitalisation costs in your city.'
Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.
Liverpool shrugged off the absence of Mohamed Salah as midfielder Dominik Szoboszlai scored an 88th-minute penalty to give them a 1-0 Champions League win at Inter Milan.
New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance Corporation (LIC), data from the Life Insurance Council showed. LIC recorded a 17 per cent YoY fall in new business premiums to Rs 16,023 crore during the month, while private life insurers reported a 12 per cent YoY increase to Rs 14,936 crore.
When illness strikes, this cover cushions the fall -- guarding health, finances, and the family's fragile future
Virgil van Dijk scored with a stunning late header in the second minute of stoppage time to give Liverpool a 3-2 victory over Atletico Madrid in their opening group stage match of the Champions League, at Anfield, on Wednesday.
IMAGES from matches played across European leagues on Saturday
Insurance companies are processing a surge of claims related to the Air India plane crash in Ahmedabad, including travel, personal accident, and life insurance claims.
India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
'It casts a pall on our victory today.
Romance may be personal, but when it enters the workplace, particularly in reporting hierarchies, it becomes a matter of governance.
Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.
On debut, substitute Marcus Rashford became the first Englishman to play a first-team game for Barcelona since former England striker Gary Lineker in 1989.
From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers. However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.
There have been some cases where the entire family has perished or both spouses died in the crash, which are making the claims process particularly complex.
Tennis legend Sania Mirza and her adorable son Izhaan had an unforgettable experience at the iconic Allianz Arena.
Images from the UEFA Champions League final between Paris St Germain and Inter Milan, at Allianz Arena, Munich, Germany, on Saturday.
