Company Overview of Reliance General Insurance Company Limited
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
Naigaum Cross Road
Next to Royal Industrial Estate Wadala
Founded in 2000
Key Executives for Reliance General Insurance Company Limited
Chief Executive Officer and Executive Director
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 Reports Earnings Results for the First Quarter Ended June 30, 2015
Aug 14 15
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
Jun 2 15
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."
Reliance General Insurance Reports Earnings Results for the Year Ended March 31, 2015
May 29 15
Reliance General Insurance reported earnings results for the year ended March 31, 2015. The profit for the year was INR 810 million ($13 million) - a year on year increase of 27%. The Gross Written Premium for the year ended March 31, 2015 was INR 27,530 million ($451 million) - a year on year increase of 13%.
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