Reliance venture into life insuranceReliance Capital Ltd. aims at expanding its life insurance business in the next few years.
Apnainsurance.com Research Bureau
24 Jun 2008
Reliance Capital Ltd. aims at expanding its life
insurance business in the next few years. It plans to invest Rs. 20
billion ($493 million). Part of the Anil Dhirubhai Ambani Group, Reliance Capital has interests in asset management, mutual funds, life and general insurance, private equity, stock broking
and other activities in the financial sector. According to Mr. Anil Ambani, Chairman, the company has been approached by potential partners.