India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...
Tags: Reliance Life
Reliance Life Insurance Company (RLIC) has introduced a new distribution format, Career Agency, intended to boost its business operations across the country. Under the new distribution channel, the company will appoint 5,500 career agents ...
Tags: RLIC, distribution format, Career Agency, business operations
The Competition Commission of India (CCI) has approved Japanese underwriter Nippon Life's bid to acquire 26% stake in Reliance Capital's mutual fund arm RCAML. The INR14500m ($265m) worth deal is believed to be the largest Foreign Direct ...
Tags: CCI, Nippon Life, R-Cap