by AIP Online Bureau | May 25, 2025 | Indian News, Non-Life
Hinduja owned IIHL, which acquired Reliance Capital through the insolvency process in March this year, infused Rs 100 crore in May 2025 in the general insurance company reinforcing its financial strength and growth momentum New Delhi: Reliance General Insurance, an...
by AIP Online Bureau | Jan 14, 2024 | Indian News, Non-Life, Regulation
Reliance General Insurance Company (RGIC) is yet to decide whether to appeal against the IRDAI order in the Securities Appellate Tribunal, said the company sources Hyderabad: Insurance regulator IRDAI, in an order last week, has imposed a fine of Rs 2 crore against...
by AIP Online Bureau | Sep 5, 2023 | Non-Life, Technology
Reliance General Insurance has tied-up with OLA Electric for its Extended Warranty Product of Two-Wheelers . The Extended Warranty Product addresses customer concerns around battery life and performance. The battery cover offers to protect the battery life beyond the...
by AIP Online Bureau | Jul 31, 2023 | Banking & Bancassurance, Indian News, Non-Life, Regulation
Rakesh Jain, CEO of Reliance General Insurance said, “With this capital infusion, we are well-equipped to seize opportunities, innovate, and continue providing best-in-class insurance solutions.” Mumbai: Reliance General Insurance Company Ltd (RGICL), in a...
by AIP Online Bureau | Jul 19, 2023 | Banking & Bancassurance, Indian News, Non-Life
Post the capital infusion by RCAP, Reliance General Insurance will also raise an additional Rs 400 crore Tier 2 capital to accelerate growth, sources said The company had said that borderline solvency was creating business hesitation in corporate clients, government...
