Reliance Life Insurance has announced the induction of Mr. Takeshi Furuichi as a Non
executive Director and Nippon nominee on the Board of the company. Reliance Life Insurance, started operations in 2005, after the acquisition of life insurance company AMP Sanmar in 2001.
Last month, Reliance Capital announced completion of its 26% stake sale in Reliance Life to Japan’s Nippon Life Insurance. The company has received the entire transaction proceeds of Rs 3,062 crore (USD 680 million) from...
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