Reliance Life Insurance is amongst the top 5 private sector life insurance companies in terms of individual WRP (weighted received premium) and new business WRP. The company is by far the largest non-bank promoted private life insurer with over 10 million policy holders, a strong distribution network of over 800 branches and over 1,00,000 advisors as on March 31, 2015. Claim Settlement Ratio stands at 94.53% as of March 31, 2015.
Reliance Life’s vision is "To be a company people are proud of, trust in and grow with; providing financial independence to every life we touch." As a result of this endeavour, the company has been rated amongst the Top 2 Most Trusted Private Life Insurance Service Brands by Brand Equity-Nielsen Most Trusted Brands Survey 2014.
Japan's largest life insurer, Nippon Life Insurance Company, acquired 26% interest in equity share capital of the Company effective October 7, 2011 subsequent to receipt of all regulatory approval.
To be a Company people are proud of, trust in and grow with;
providing financial independence to every life we touch
Planning people's future and standing by them in their hour of need goes beyond business, it takes a selfless intent of thinking well for others. Our advisors enjoy high credibility and stature in society, having helped not only shape future of families, but also recuperate in tough times.
'Do Good' is our intent, our philosophy and belief that we aim to bring alive through every life we touch.