Reliance Capital to exit life insurance business

Nippon Life Insurance ups stake in RNAM to 75 pc Nippon Life Insurance of Japan said on Thursday it has signed binding definitive agreements with Reliance Capital to increase its stake in Reliance Nippon Life Asset Management (RNAM) to 75 per cent. Both partners currently hold 42.88 per cent each in the company, while the … Continue reading Reliance Capital to exit life insurance business