IRDAI slaps Rs 85 lakh on Reliance Life for violating norms
Insurance sector regulator IRDAI has slapped a penalty of Rs 85 lakh on Reliance Life for violation of various norms, including outsourcing guidelines.
Aug 07, 2015, 22:43 PM IST
Ordinance boost: RCap eyes foreign funds in insurance ventures
Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 percent stakes.
Dec 28, 2014, 15:16 PM IST