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| num_employees =
| num_employees =
| parent = [[Anil Dhirubhai Ambani Group]]
| parent = [[Anil Dhirubhai Ambani Group]]
| homepage = {{url|http://www.reliancegeneral.co.in}}
| homepage = {{url|https://www.reliancegeneral.co.in}}
}}
}}


'''Reliance General Insurance Company Limited '''is an [[India]]n [[insurance company]], a part of [[Reliance Capital]] Ltd. of the Reliance [[Anil Dhirubhai Ambani Group]]. Reliance General Insurance is amongst the leading general insurance companies in India, with a private sector market share of over 8%. RGI had a distribution network composed of 127 branches and over 12,000 intermediaries at the end of June 2013.<ref>{{cite web|url=http://www.reliancecapital.co.in/ourbusiness_rgi.html |title=Reliance General Insurance |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> The Gross Written Premium for the quarter ended June 30, 2013 was Rs. 706 crore
'''Reliance General Insurance Company Limited '''is an [[India]]n [[insurance company]], a part of [[Reliance Capital]] Ltd. of the Reliance [[Anil Dhirubhai Ambani Group]]. Reliance General Insurance is amongst the leading general insurance companies in India, with a private sector market share of over 8%. RGI had a distribution network composed of 127 branches and over 12,000 intermediaries at the end of June 2013.<ref>{{cite web|url=https://www.reliancecapital.co.in/ourbusiness_rgi.html |title=Reliance General Insurance |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> The Gross Written Premium for the quarter ended June 30, 2013 was Rs. 706 crore
(US$ 126 million).<ref>{{cite web|url=http://www.reliancecapital.co.in/pdf/RCL-MediaRelease_Q1_FY14.pdf |title=Reliance Capital Q1FY14 results |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> The Gross Written Premium for the year ended March 31, 2013 was Rs. 2,036 crore(US$ 374 million).<ref>{{cite web|url=http://www.reliancecapital.co.in/pdf/RCL-MediaReleaseFY13.pdf |title=Reliance Capital FY13 results |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> Reliance General Insurance (RGI) offers insurance solutions for auto, health, home, property, travel, marine, commercial and other speciality products.<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2013-07-12/news/40536462_1_reliance-general-insurance-gross-written-premium-april-june-period |title=Reliance General Q1 gross written premium up 25% at Rs 706 crore |publisher=economictimes.com |date= |accessdate=2013-07-30}}</ref> It is India’s first insurance company to be awarded the [[ISO 9001:2000 certification]] across all functions, processes, products and locations in India.<ref>{{cite web|url=http://knowledge.policybazaar.com/health-insurance/item/60-reliance-general-insurance-company.html |title=Reliance General Insurance Company Profile |publisher=policybazar.com |date= |accessdate=2013-07-30}}</ref>
(US$ 126 million).<ref>{{cite web|url=http://www.reliancecapital.co.in/pdf/RCL-MediaRelease_Q1_FY14.pdf |title=Reliance Capital Q1FY14 results |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> The Gross Written Premium for the year ended March 31, 2013 was Rs. 2,036 crore(US$ 374 million).<ref>{{cite web|url=http://www.reliancecapital.co.in/pdf/RCL-MediaReleaseFY13.pdf |title=Reliance Capital FY13 results |publisher=rcap.co.in |date= |accessdate=2013-07-30}}</ref> Reliance General Insurance (RGI) offers insurance solutions for auto, health, home, property, travel, marine, commercial and other speciality products.<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2013-07-12/news/40536462_1_reliance-general-insurance-gross-written-premium-april-june-period |title=Reliance General Q1 gross written premium up 25% at Rs 706 crore |publisher=economictimes.com |date= |accessdate=2013-07-30}}</ref> It is India’s first insurance company to be awarded the [[ISO 9001:2000 certification]] across all functions, processes, products and locations in India.<ref>{{cite web|url=http://knowledge.policybazaar.com/health-insurance/item/60-reliance-general-insurance-company.html |title=Reliance General Insurance Company Profile |publisher=policybazar.com |date= |accessdate=2013-07-30}}</ref>


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==External links==
==External links==
* [http://www.reliancecapital.co.in/ourbusiness_rgi.html] Group company Website
* [https://www.reliancecapital.co.in/ourbusiness_rgi.html] Group company Website
* [http://www.reliancegeneral.co.in/ Reliance General Insurance] Official Website
* [https://www.reliancegeneral.co.in/ Reliance General Insurance] Official Website
* [http://www.indianinsurance.com/forums/forumdisplay.php?f=36 Indian Insurance] Discuss online about Reliance General Insurance
* [http://www.indianinsurance.com/forums/forumdisplay.php?f=36 Indian Insurance] Discuss online about Reliance General Insurance



Revision as of 07:37, 23 October 2013

Reliance General Insurance Company Limited
Company typePublic Listed Company
IndustryInsurance
Founded2001
HeadquartersMumbai, India
Key people
Rakesh Jain Executive director & CEO
ProductsGeneral insurance
ParentAnil Dhirubhai Ambani Group
Websitewww.reliancegeneral.co.in

Reliance General Insurance Company Limited is an Indian insurance company, a part of Reliance Capital Ltd. of the Reliance Anil Dhirubhai Ambani Group. Reliance General Insurance is amongst the leading general insurance companies in India, with a private sector market share of over 8%. RGI had a distribution network composed of 127 branches and over 12,000 intermediaries at the end of June 2013.[1] The Gross Written Premium for the quarter ended June 30, 2013 was Rs. 706 crore (US$ 126 million).[2] The Gross Written Premium for the year ended March 31, 2013 was Rs. 2,036 crore(US$ 374 million).[3] Reliance General Insurance (RGI) offers insurance solutions for auto, health, home, property, travel, marine, commercial and other speciality products.[4] It is India’s first insurance company to be awarded the ISO 9001:2000 certification across all functions, processes, products and locations in India.[5]

History

Reliance General was incorporated on 17 August 2000. Subsequently, Reliance General received the license to conduct the business of insurance in India from Insurance Regulatory Development Authority on 23rdOctober 2000.[6] Unlike most competitors, who have foreign partners, Reliance General is promoted solely by Reliance Capital, which is an Indian company. However, media reports suggest Reliance Capital is on the lookout for an eligible partner who can add value to Reliance General.[7] Reliance Capital Chief Executive Officer Sam Ghosh in an interview to Business Standard said may sell stake in its general insurance arm by end of December 2013.[8] Reliance Capital has already sold minor stakes in its life insurance and asset management business to Nippon Life of Japan.[9][10]

References

  1. ^ "Reliance General Insurance". rcap.co.in. Retrieved 2013-07-30.
  2. ^ "Reliance Capital Q1FY14 results" (PDF). rcap.co.in. Retrieved 2013-07-30.
  3. ^ "Reliance Capital FY13 results" (PDF). rcap.co.in. Retrieved 2013-07-30.
  4. ^ "Reliance General Q1 gross written premium up 25% at Rs 706 crore". economictimes.com. Retrieved 2013-07-30.
  5. ^ "Reliance General Insurance Company Profile". policybazar.com. Retrieved 2013-07-30.
  6. ^ "Reliance General Insurance Company Profile". policytiger.com. Retrieved 2013-07-30.
  7. ^ "Reliance Capital in talks for stake sale in general insurance arm". thehindu.co.in. Retrieved 2013-07-30.
  8. ^ "General insurance arm stake sale by December: Sam Ghosh". businessstandard.com. Retrieved 2013-07-30.
  9. ^ "Reliance Capital completes MF stake sale to Nippon Life". businessstandard.com. Retrieved 2013-07-30.
  10. ^ "Nippon Life to buy 26% in Reliance Life". livemint.com. Retrieved 2013-07-30.