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November 26, 2015 2:06 AM ET


Company Overview of Reliance General Insurance Company Limited

Company Overview

Reliance General Insurance Company Limited provides general insurance products for corporations, small and medium enterprises, and individual customers in India. It offers corporate insurance, including fire insurance; engineering insurance that protects corporate from various risks associated with plant and machinery, erection of machinery, equipment and boilers, and electronic equipment; marine insurance; public liability insurance that covers liability of industries controlling or handling hazardous chemicals by providing compensation to persons affected due to accident; package insurance; and miscellaneous insurance, which include Mediclaim insurance and package insurance. The company al...

570 Rectifier House

1st Floor

Naigaum Cross Road

Next to Royal Industrial Estate Wadala

Mumbai,  400031


Founded in 2000

3,000 Employees


91 22 3047 9600

Key Executives for Reliance General Insurance Company Limited

Chief Executive Officer and Executive Director
Chief Financial Officer
Head of Corporate Group & Strategy
Chief Underwriting Officer
Head of Retail Claims, Underwriting & Operations
Compensation as of Fiscal Year 2015.

Reliance General Insurance Company Limited Key Developments

Reliance General Insurance Announces Earnings Results for the Second Quarter Ended September 30, 2015

Reliance General Insurance announced earnings results for the second quarter ended September 30, 2015. For the period the company announced profit was INR 0.30 billion, up by 31% compared to same period a year ago. Gross written premium was INR 6,710 million up 3%.

Reliance General Insurance Reports Earnings Results for the First Quarter Ended June 30, 2015

Reliance General Insurance reported earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported gross written premium of INR 8,630 million ($136 million), a year on year increase of 10%. The profit was INR 300 million ($5 million), a year on year increase of 22%.

Reliance Capital To Sell Reliance General Insurance

Reliance Capital Limited (BSE:500111) may look to spinoff Reliance General Insurance Company Limited. Further it is looking to amalgamate Reliance General Insurance with Cigna TTK Health Insurance Company Limited. "The two sides are in talks whereby TTK will exit the business and Reliance General will get in. The companies are discussing the modalities," said a senior executive familiar with the development. Sam Ghosh, Chief Executive Officer of Reliance Capital said, "We are in the process of hiving off our health insurance business."

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