Bharti AXA General Insurance is a joint venture between the Bharti Group of India and the Axa Group which is an insurance and wealth management expert world over. In this venture, the Bharti group holds 74% stake with the balance 26% being held by Axa. Both these groups have a similar tie up for the life insurance business also called Bharti Axa Life Insurance Company.
The Bharti Group is a well known name in India – best known in the telecom sector where it has performed exceedingly well and credit can be given to them for revolutionising the Indian telecom industry.
AXA is a French insurance giant headquartered in Paris. The company has business in several countries primarily in the insurance and wealth management verticals. The learning that Axa brings to this insurance venture will play in key role in determining the role Bharti Axa General Insurance will play in India.
Mr.Sanjeev Srinivasan is the CEO of Bharti Axa General Insurance Company.
Year | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 |
---|---|---|---|---|---|---|---|---|---|
Claims ratio | - | - | - | 80.02 | - | - | - | - | Yet to be published |
Year | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 |
---|---|---|---|---|---|---|---|---|---|
Market share | 0.2 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.42 | - | Yet to be published |