Sunday, February 3, 2008

Reliance Life Insurance - Company Overview

Reliance Life Insurance
Company Overview
Reliance Life Insurance Company Limited is a part of Reliance Capital Ltd. of the Reliance - Anil Dhirubhai Ambani Group. Reliance Capital is one of India’s leading private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth. Reliance Capital has interests in asset management and mutual funds, stock broking, life and general insurance, proprietary investments, private equity and other activities in financial services.
Reliance Capital Limited (RCL) is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India under section 45-IA of the Reserve Bank of India Act, 1934.
Reliance Capital sees immense potential in the rapidly growing financial services sector in India and aims to become a dominant player in this industry and offer fully integrated financial services.
Reliance Life Insurance is another step forward for Reliance Capital Limited to offer need based Life Insurance solutions to individuals and Corporates.
Chief Executive Officer - Mr. P Nandagopal
Core Values
At Reliance Life Insurance Company Limited our mission is to be the best in every sphere - business results, customer care and employee focus. Some of our core values are:
1Result Oriented
2Performance Driven
3Customer Focused
4Learning & Development Oriented
5Employee centric
6Informal & fun

Financial Performance

For the quarter ending 31.12.2007 the total income of Reliance Capital Limited is Rs380 crores approximately.