Reliance Nippon Life Insurance

Reliance Nippon Life Insurance was the only subsidiary of Reliance Capital that had not received any bid when the deadline for submission of non-binding bids had ended on August 29.

Nippon Life Insurance raises stake in RNAM to 54%

Nippon Life floated open offer to acquire nearly 22.49 percent stake in RNAM for Rs 3,179 crore under a deal with Reliance Capital which is exiting the mutual funds business.

Reliance Nippon Life's new business up 3% at Rs 169 cr in Q2

Assets under Management rose by 11 per cent to Rs 17,983 crore at the end of second quarter, Reliance Nippon Life Insurance said in a statement.

RCap completes transfer of commercial fin biz to separate firm

Reliance Capital, part of Anil Ambani led Reliance Group, today announced the completion of transfer of its commercial finance division into a separate wholly owned subsidiary.

Commercial fin disbursements may grow at 15-17%: Reliance Cap

Reliance Capital reported 3 percent rise in profits for the first quarter of FY17 largely due to a one-time dividend payment to Reliance Nippon Life Insurance.

Reliance Nippon to rope in 30,000 new agents

With the fresh hiring, the total agent count in the country will hit 1.30 lakh, he said, adding that the agents will be hired for its 800 branches across the country and the fresh recruitment would help the company achieve double-digit growth in fresh premium collection.

Reliance Nippon open to tie ups with banks

Reliance Nippon Life Insurance, the joint venture between Reliance Capital and Japan's Nippon Life Insurance, is eyeing tie ups with banks as part of its expansion plans, a top official said on July 8

Reliance Nippon Life plans to add 30,000 new agents in FY'17

Reliance Nippon Life Insurance, a part of Anil Ambani-led Reliance Capital, plans to add over 30,000 new agents in this fiscal as part of its drive to grow the agency force