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Bandhan Life Insurance Limited
Formerly
Aegon Life Insurance Company
Company type
Private company
Industry
Financial services Insurance
Founded
2008; 16 years ago (2008)
Founders
Aegon N.V.
Times Group
Headquarters
Mumbai, India
Area served
India
Key people
Satishwar Balakrishnan (MD and CEO)[1]
Products
Insurance
Owner
Aegon N.V. (49%, 2008-24)
Times Group (51%, 2008-24)
Bandhan Financial Holdings (2024–present)
Website
www.bandhanlife.com
Bandhan Life Insurance Limited (formerly known as Aegon Life Insurance Company) is an Indian life insurance company offering individual and group insurance online and offline.[2][3] Founded in 2008, it is headquartered in Mumbai, India.
Until 2024, it was a joint venture between Dutch Aegon N.V., a multinational insurance, pensions and asset management company and The Times Group (also called Bennett, Coleman & Co.)[4]
In February 2024, it was announced that the firm was acquired by Bandhan Financial Holdings Ltd.[5] On April 19, 2024, Aegon Life was officially rebranded as Bandhan Life.[6][7][8]
^Sarkar, Brinda. "Aegon Life Insurance elevates Satishwar Balakrishnan as MD and CEO". The Economic Times.
^Saraswathy, M (21 September 2018). "After going 100% online, Aegon Life Insurance looks at slow, but steady growth path". Moneycontrol.com.
^Ray, Atmadip (23 July 2018). "Aegon Life to focus on term insurance for growth". The Times of India.
^"Aegon Religare Life Insurance renamed as Aegon Life Insurance". The Economic Times. 7 December 2015.
^"Bandhan Financial Holdings completes acquisition of Aegon Life". CNBC TV 18. Retrieved 16 March 2024.
^www.ETBFSI.com. "Exclusive: Aegon Life to soon become Bandhan Life Insurance - ET BFSI". ETBFSI.com. Retrieved 19 April 2024.
^"Get Term Life Insurance Policy Online | Bandhan Life". www.bandhanlife.com. Retrieved 19 April 2024.
^"Aegon Life Insurance gets new identity, will now be called "Bandhan Life'". The Economic Times. 19 April 2024. ISSN 0013-0389. Retrieved 19 April 2024.
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