Last Indian insurer to get foreign shareholding
The Mint newspaper has reported that Reliance Life Insurance, part of the Anil Dhirubhai Ambani Group controlled Reliance Capital, may sell a 26% stake to Swiss Re for at least 7bn rupees ($154.9 million), Reuters reports.
Reliance is the only private sector insurer in India that does not have an overseas stakeholder. Indian laws allow a foreign entity to own up to 26% in a domestic insurance firm.
Websites
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
No comments yet