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...
by AIP Online Bureau | May 2, 2023 | Health, Indian News, Technology
Reliance General Insurance is providing a unique health insurance product along with personal accident and mobile phone insurance coverage to Swiggy’s fleet of 3 lakh delivery partners across the country through Gallagher Insurance Brokers Pvt. Ltd. Mumbai: Reliance...
by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, Indian News, Non-Life
Company has grown its investments assets at 20 per cent to Rs. 16,581 Crore for 9M FY23 as against Rs. 13,861 crore for the corresponding period 9M FY22 Mumbai: Profit before tax of Reliance General Insurance has grown to Rs 334 crore for 9M FY23 as against Rs 314...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Zurich confirmed that it has made a separate offer to acquire a stake in Reliance General Insurance Company as part of the resolution process under Insolvency and Bankruptcy Code (IBC). ”The terms of any transaction are subject to negotiations and there can be...
by AIP Online Bureau | Aug 29, 2022 | Indian News, Life, Non-Life, Regulation
IDBI Trusteeship Services Limited acting in its capacity as a debenture trustee on behalf of Credit Suisse, had invoked the pledge of Reliance Capital’s 100 per cent shareholding in Reliance General in November 2019 and transferred the shares to its account. The...
