1. Executive Summary
The Reliance General Insurance is a well established private general insurance company
in India and a part of the Reliance Capital Limited of the Reliance Anil Dhirubhai
Ambani Group.
Reliance General Insurance (RGI) offers a range of products for the corporate and
individual customers. RGI currently offers insurance products including Health, Home,
Motor, Travel, Fire, Engineering, Marine, Liability and Aviation. Reliance General
Insurance Company has also introduced India’s first Over-The-Counter health & home
insurance policies, thus encouraging innovation and enabling convenience to the
customers.
RGI is amongst the leading general insurance companies in India, with a private sector
market share of 7%. RGI had a distribution network composed of 126 branches and over
9,900 intermediaries at the end of December 2012.
The company has been awarded the ISO 9001:2008 certification by Det Norske Veritas
(DNV), a reputed global quality standards auditing organization, for its streamlines
processes and speedy transparent claim procedures.
Reliance General Product Portfolio:
For Individuals
Reliance Health Insurance Plans:
Reliance Car Insurance Plans:
Reliance Travel Insurance Plans:
Student Travel Insurance
Accident Cover Insurance
Reliance Home Insurance Plans.
2. For Corporates
Fire Insurance.
Engineering Insurance.
Marine Insurance.
Liability Insurance.
Package Plans.
Distribution Network:
Reliance General Insurance has good reach with over 200 offices across 173 cities in 22
states. Most of Reliance General products are available online.
Financial Information:
The total premium earned for the half year ended September 30, 2010 was Rs 5,641
million. The profit before tax for the same period is Rs 668 million. A total of 169,710
claims were made during the period out of which 83,043 claims were settled and 5,379
were rejected.