Japan's Nippon Life Insurance Ups Stake in Reliance Life
Business | Press Trust of India | Wednesday March 30, 2016
Japan's Nippon Life Insurance on Wednesday increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per cent.
Nippon Gets Competition Regulator's Nod For Hiking Stake in Reliance Life
Business | Press Trust of India | Thursday February 11, 2016
For the deal, Nippon Life Insurance and Reliance Life Insurance had entered into a share purchase agreement in November. The pact was between Reliance Capital, Management Services, Nippon Life and Reliance Life Insurance.
Reliance Capital Jumps as Nippon Raises Stake in Insurance Business
Business | NDTV | Tuesday November 24, 2015
Shares of Reliance Capital jumped as much as 3.5 per cent to hit an intraday high of Rs 422.75 in an otherwise subdued market after Japan's Nippon raised stake in Reliance Life Insurance to 49 per cent from existing 26 per cent.
Nippon Life to Up Stake in Life Insurance, MF Business: Anil Ambani
Business | Press Trust of India | Wednesday September 30, 2015
Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year.
Regulator Slaps Rs 5 Lakh Fine on Reliance General Insurance
Business | Press Trust of India | Friday September 18, 2015
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed penalty of Rs 5 lakh each on Reliance General Insurance and Reliance Life Insurance (RLIC) for violating regulations and non-disclosure of information about subsidiary company.
Reliance Capital Eyes Foreign Funds in Insurance Ventures
Business | Sunday December 28, 2014
Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 per cent stakes.
Nippon to Raise Stake in Reliance Life Post FDI Hike
Business | Wednesday September 3, 2014
Nippon Life currently holds 26 per cent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore. This deal was completed in October 2011 and it had valued the Indian insurer at over Rs 11,500 crore at that time.
Nippon Launches India Funds, to Partner Reliance Group for Bank
Business | Monday September 1, 2014
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life said on Monday that it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and launched two India-focussed funds for Japanese investors.
Reliance Life new business income grows 56%
Business | Sunday February 23, 2014
Helped by a significant increase in individual insurance segment, Reliance Life saw its new business premium collection rising to Rs 1,424 crore during April-December period of 2013-14, from Rs 911 crore in the year-ago period.
Reliance Life eyes demat insurance policies for 9 million customers
Business | Sunday September 29, 2013
Reliance Life Insurance, part of Anil Ambani-led financial services major Reliance Capital, is amongst the first few private insurers to offer policy holders the option of holding their insurance policies in electronic demat form.
Reliance Capital consolidated Q1 net jumps three-fold to Rs 133 crore
Business | Monday July 29, 2013
Reliance Capital on Monday posted a nearly three-fold rise in its consolidated net profit at Rs 133 crore for the first quarter ended June, 2013 on the back of all-round growth.
Reliance Life new business up two-fold at Rs. 514 crore in Q1
Business | Wednesday July 10, 2013
The company recorded 48 per cent growth in new business (individual) premium at Rs. 267 crore in the April-June quarter of 2013-14 as against Rs. 181 crore registered in the same period of the previous fiscal, Reliance Life Insurance said in a statement posted on the BSE.
Reliance Life Insurance appoints Anup Rau as new CEO
Business | Wednesday March 6, 2013
Reliance Life Insurance Company, part of Reliance Capital, today said it has appointed Anup Rau as new CEO of the company with immediate effect.
Tax sops may boost sagging insurance sector in 2013
Business | Saturday December 29, 2012
The long-pending Bill seeking to raise FDI limit to 49 per cent in insurance business remained stuck in 2012, although going ahead the sector may see some action with the government expected to extend tax sops to boost the sagging industry.
Why 2013 will be a better year for the insurance sector
Business | Tuesday December 25, 2012
A slew of incentives being considered by the Finance Ministry may provide the much-needed booster dose to the life insurance industry.
Reliance Life seeks IRDA nod for listing stock
May 10, 2011
IRDA all set to clear Rel Life-Nippon deal
Apr 8, 2011
Financial services space buzzing with M&A activity
Mar 22, 2011
Nippon buys 26% in Reliance Life for Rs 3,062 cr
Mar 14, 2011
Rel Life Insurance IPO soon?
Jul 2, 2009
Japan's Nippon Life Insurance Ups Stake in Reliance Life
Business | Press Trust of India | Wednesday March 30, 2016
Japan's Nippon Life Insurance on Wednesday increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per cent.
Nippon Gets Competition Regulator's Nod For Hiking Stake in Reliance Life
Business | Press Trust of India | Thursday February 11, 2016
For the deal, Nippon Life Insurance and Reliance Life Insurance had entered into a share purchase agreement in November. The pact was between Reliance Capital, Management Services, Nippon Life and Reliance Life Insurance.
Reliance Capital Jumps as Nippon Raises Stake in Insurance Business
Business | NDTV | Tuesday November 24, 2015
Shares of Reliance Capital jumped as much as 3.5 per cent to hit an intraday high of Rs 422.75 in an otherwise subdued market after Japan's Nippon raised stake in Reliance Life Insurance to 49 per cent from existing 26 per cent.
Nippon Life to Up Stake in Life Insurance, MF Business: Anil Ambani
Business | Press Trust of India | Wednesday September 30, 2015
Bullish on growth prospects of his group's financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year.
Regulator Slaps Rs 5 Lakh Fine on Reliance General Insurance
Business | Press Trust of India | Friday September 18, 2015
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed penalty of Rs 5 lakh each on Reliance General Insurance and Reliance Life Insurance (RLIC) for violating regulations and non-disclosure of information about subsidiary company.
Reliance Capital Eyes Foreign Funds in Insurance Ventures
Business | Sunday December 28, 2014
Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 per cent stakes.
Nippon to Raise Stake in Reliance Life Post FDI Hike
Business | Wednesday September 3, 2014
Nippon Life currently holds 26 per cent stake in Reliance Life Insurance Company, which it had bought for Rs 3,062 crore. This deal was completed in October 2011 and it had valued the Indian insurer at over Rs 11,500 crore at that time.
Nippon Launches India Funds, to Partner Reliance Group for Bank
Business | Monday September 1, 2014
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life said on Monday that it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and launched two India-focussed funds for Japanese investors.
Reliance Life new business income grows 56%
Business | Sunday February 23, 2014
Helped by a significant increase in individual insurance segment, Reliance Life saw its new business premium collection rising to Rs 1,424 crore during April-December period of 2013-14, from Rs 911 crore in the year-ago period.
Reliance Life eyes demat insurance policies for 9 million customers
Business | Sunday September 29, 2013
Reliance Life Insurance, part of Anil Ambani-led financial services major Reliance Capital, is amongst the first few private insurers to offer policy holders the option of holding their insurance policies in electronic demat form.
Reliance Capital consolidated Q1 net jumps three-fold to Rs 133 crore
Business | Monday July 29, 2013
Reliance Capital on Monday posted a nearly three-fold rise in its consolidated net profit at Rs 133 crore for the first quarter ended June, 2013 on the back of all-round growth.
Reliance Life new business up two-fold at Rs. 514 crore in Q1
Business | Wednesday July 10, 2013
The company recorded 48 per cent growth in new business (individual) premium at Rs. 267 crore in the April-June quarter of 2013-14 as against Rs. 181 crore registered in the same period of the previous fiscal, Reliance Life Insurance said in a statement posted on the BSE.
Reliance Life Insurance appoints Anup Rau as new CEO
Business | Wednesday March 6, 2013
Reliance Life Insurance Company, part of Reliance Capital, today said it has appointed Anup Rau as new CEO of the company with immediate effect.
Tax sops may boost sagging insurance sector in 2013
Business | Saturday December 29, 2012
The long-pending Bill seeking to raise FDI limit to 49 per cent in insurance business remained stuck in 2012, although going ahead the sector may see some action with the government expected to extend tax sops to boost the sagging industry.
Why 2013 will be a better year for the insurance sector
Business | Tuesday December 25, 2012
A slew of incentives being considered by the Finance Ministry may provide the much-needed booster dose to the life insurance industry.
Reliance Life seeks IRDA nod for listing stock
May 10, 2011
IRDA all set to clear Rel Life-Nippon deal
Apr 8, 2011
Financial services space buzzing with M&A activity
Mar 22, 2011
Nippon buys 26% in Reliance Life for Rs 3,062 cr
Mar 14, 2011
Rel Life Insurance IPO soon?
Jul 2, 2009
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