Reliance Insurance

Reliance Capital is undergoing bankruptcy proceedings since November 2021 after defaulting on loans worth Rs 24,000 crore

Profit-making subsidiary's request complicates matters for Reliance Capital's lenders that have to decide matter Friday

No takers for life and general insurance businesses of the bankrupt company, say sources

Piramal, Zurich Insurance may bid separately for Reliance General Insurance

Will help bidders for its insurance business to avoid Irdai's 5-year lock-in

Group only interested in general insurance, but lenders want firms to bid for entire cluster of companies

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Reliance General Insurance Company will soon roll out nine sandbox products to cater to the fast transforming customer requirement in the insurance sector. The company has received sandbox approval for the nine products from the Insurance Regulatory and Development Authority of India (IRDAI) in one go in the 2nd cohort, the 4th largest private sector general insurer said. The announcement is in line with the company's long-term goal of re-innovating and redefining the insurance sector to cater to the fast-transforming customer expectations in the digital age, it said in a release. The company said three of these products are from the telematics segment. Rest of the offerings are from the company's innovative product line designed to address customers' current and future policy requirements. Reliance General Insurance Company is one of the most tech driven companies and it aims to introduce these pioneering product offerings to provide holistic insurance cover from a futuristic ...

Industry leaders speak about the learnings over the past year and the opportunities for progress that the pandemic has provided

Insurer wants premium subsidy released to settle losses, says its commitments to reinsurers and subsequent claim recoveries have been impacted

Valuation concerns could weigh on the stock price of Future Enterprises

Reliance Group has accused Edelweiss Group entities of 'illegal' and 'motivated' actions in invoking the pledged shares of the group's three listed firms.