Nippon Life to buy 26% Reliance Life pie for $680m

Japanese insurance firm Nippon Life Insurance Company will acquire a 26 per cent stake in Reliance Life Insurance for $680 million. "Nippon Life Insurance will invest an aggregate value of Rs 3,062......

Nippon to acquire 23% stake in Reliance Life

The planned deal will reduce Reliance Capital's stake in Reliance Life Insurance to 51 per cent from 74 per cent. Japan's Nippon Life Insurance plans to acquire another 23 per cent stake in......

LIC is world's fourth-largest insurer: S&P Global

Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by......

Reliance Life Insurance launches Claims Guarantee service

Private insurer Reliance Life Insurance Company on Tuesday launched 'Claims Guarantee', a service initiative to settle death claim payment in 12 working days or pay an interest of 6.5 per cent per......