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IRDAI slaps Rs 85 lakh on Reliance Life for violating norms

Last Updated: Friday, August 7, 2015, 22:43

Insurance sector regulator IRDAI has slapped a penalty of Rs 85 lakh on Reliance Life for violation of various norms, including outsourcing guidelines.

Reliance Life to launch nine new products by Jan-end

Last Updated: Friday, January 10, 2014, 16:45

Private life insurer Reliance Life Insurance today said it plans to launch nine products, which are complied with the new product guidelines, by the end of this month.

Reliance Life eyes LIC model to expand reach

Last Updated: Sunday, December 22, 2013, 17:44

They may be rivals in overall business of selling insurance products, but Reliance Life wants to emulate model followed by LIC and become a private sector alternative to the state-run behemoth.

IRDA asks Reliance Life to tighten anti-money laundering norms

Last Updated: Monday, December 16, 2013, 18:36

The Insurance Regulatory and Development Authority (IRDA) said, "The receipt of this letter be acknowledged and compliance submitted before December 31, 2013."

Reliance Life proprietary channel hiring to grow by 20% in FY15

Last Updated: Monday, December 16, 2013, 18:30

"With the customer-centric distribution channels we are focusing on small towns and non-urban India and aiming to reach out to those 70 percent of the populace who are yet to benefit from life insurance.

R-Life relies on 'old is gold' strategy; lines up 25 new plans

Last Updated: Thursday, December 5, 2013, 14:39

Reliance Life Insurance Company (RLIC) Thursday said it will launch 25 new products beginning next year with a focus on 'traditional plans' and provide need-based insurance solution to customers.

Reliance Life launches initiative to revive lapsed policies

Last Updated: Wednesday, November 6, 2013, 21:02

Reliance Life Insurance Company said Wednesday it has launched a new initiative to revive lapsed policies for its policy-holders.

Rel Life to focus on traditional plans, agent productivity

Last Updated: Sunday, October 27, 2013, 12:45

Leading private sector insurer Reliance Life Insurance says it is focussing on traditional products and agent productivity to boost insurance penetration in the country.

Reliance Life to sell up to 5% to bancassurance partner

Last Updated: Sunday, August 25, 2013, 18:35

Private insurer Reliance Life is exploring a distribution tie-up with several banks, including from the public, private and cooperative sectors, and may offer a stake of up to 5 percent for the same.

IRDA norms on bank tie-ups to help insurers: Reliance Life

Last Updated: Monday, August 12, 2013, 11:55

Reliance Life is already in talks with some private sector, PSU and cooperative banks for a possible tie-up.

Reliance Life Insurance lodges complaints against fraudsters

Last Updated: Wednesday, July 24, 2013, 15:35

The company is taking the assistance of police and investigating agencies to check the increasing incidences of frauds.

Reliance Life Insurance launches new pension plan

Last Updated: Monday, June 10, 2013, 16:18

Reliance Life Insurance Monday said it has launched a new pension plan, which encourages early saving for post-retirement financial independence.