Reliance Life

Nippon Life Insurance raises stake in Reliance Life to 49%

Reliance Capital, the holding company of Reliance Life, received Rs 2,265 crore for the deal.

Mar 30, 2016, 13:57 PM IST

IRDAI slaps Rs 85 lakh on Reliance Life for violating norms

Insurance sector regulator IRDAI has slapped a penalty of Rs 85 lakh on Reliance Life for violation of various norms, including outsourcing guidelines.

Aug 07, 2015, 22:43 PM IST

Reliance Life to add 20,000 agents in next fiscal

Reliance Life Insurance will add 20,000 agents during the next financial year, a company official said today.

Mar 24, 2015, 19:48 PM IST

Return of ULIP era to hurt insurance industry: Rel Life CEO

As ULIPs or market-linked insurance plans make a big comeback, leading private sector life insurer Reliance Life's CEO Anup Rau said this reversal of trend would hurt the industry and the regulator is already looking into the matter.

Oct 29, 2014, 17:08 PM IST

Reliance Life launches endowment plan with fixed returns

Reliance Life Insurance on Tuesday launched endowment plan that provides fixed returns.

Sep 09, 2014, 14:35 PM IST

Nippon to raise stake in Reliance Life post FDI hike

Nippon Life currently holds 26 percent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore.

Sep 03, 2014, 10:15 AM IST

Reliance Life launches new traditional product

The new plan is a regular premium non-linked scheme that offers a mix of long-term protection and savings along with the benefit of guaranteed lump sum payment every three years, a company release said.

Mar 11, 2014, 18:17 PM IST

LIC outshines pvt insurers in 9-month premium collection

Although 23 private sector insurance companies taken together recorded a flat growth, Reliance Life, Max Life and MetLife bucked the trend by recording growth in new business premium.

Feb 02, 2014, 12:44 PM IST

Reliance Life eyes LIC model to expand reach

They may be rivals in overall business of selling insurance products, but Reliance Life wants to emulate model followed by LIC and become a private sector alternative to the state-run behemoth.

Dec 22, 2013, 17:44 PM IST

IRDA asks Reliance Life to tighten anti-money laundering norms

The Insurance Regulatory and Development Authority (IRDA) said, "The receipt of this letter be acknowledged and compliance submitted before December 31, 2013."

Dec 16, 2013, 18:36 PM IST

Reliance Life proprietary channel hiring to grow by 20% in FY15

"With the customer-centric distribution channels we are focusing on small towns and non-urban India and aiming to reach out to those 70 percent of the populace who are yet to benefit from life insurance.

Dec 16, 2013, 18:30 PM IST

Reliance Life Q2 net profit soars four-fold to Rs 136 cr

Leading private insurer Reliance Life has posted an over four-fold surge in its second quarter net profit to Rs 136 crore, helped by increased sales of traditional policies and better agent productivity.

Nov 24, 2013, 15:13 PM IST

Reliance Life to sell up to 5% to bancassurance partner

Private insurer Reliance Life is exploring a distribution tie-up with several banks, including from the public, private and cooperative sectors, and may offer a stake of up to 5 percent for the same.

Aug 25, 2013, 18:35 PM IST

IRDA norms on bank tie-ups to help insurers: Reliance Life

Reliance Life is already in talks with some private sector, PSU and cooperative banks for a possible tie-up.

Aug 12, 2013, 11:55 AM IST

Reliance Life new business up two-fold at Rs 514 cr in Q1

The company increased its average ticket size by over 40 percent in the quarter.

Jul 10, 2013, 14:21 PM IST

Reliance Life eyes higher profits in FY'14

The company had recorded its first full-year net profit in the financial year ended March 31, 2012.

Jun 02, 2013, 18:25 PM IST

Reliance Life eyes expansion in health insurance space

Looking to tap the low customer penetration in health insurance segment, leading private insurer Reliance Life Insurance is planning to strengthen its presence in pure health insurance space with an expanded product suite.

Apr 21, 2013, 13:04 PM IST

Reliance Life to hire 5,500 people in FY13 for new sales model

RLIC said it is a first-of-its-kind distribution channel by any private insurer in the country that is based on stipend and variable commission pay-out structure.

Dec 25, 2012, 14:20 PM IST

Tax notices to Reliance Life, Sahara and 6 other insurers

Eight private insurance companies, including Reliance Life and Sahara India Life have been served show-cause notices by the Revenue department for alleged tax violation, Parliament was informed on Thursday.

Dec 13, 2012, 16:19 PM IST

Reliance Life adds Nippon's distribution models to boost reach

Both distribution channels - Life Plaza and Face-to-Face - will be providing sales and services to prospective and existing customers of the company.

Nov 28, 2012, 15:32 PM IST