AEGON Religare Life Insurance gets IRDA approval

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Posted: 2008-06-30 14:14:22+05:30 IST
Updated: Jun 30, 2008 at 1414 hrs IST

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New Delhi, June 30: : AEGON Religare Life Insurance Co, a joint venture between financial services institutions Religare and the Netherlands-based AEGON, on Monday got Insurance Regulatory & Development Authority (IRDA) approval to operate in the life insurance space.

"We are pleased to have received the R3 licence from the IRDA. Our plans for the nationwide launch are now ready for execution," AEGON Religare Life Insurance CEO Rajiv Jamkhedkar said in a statement.

While Religare Enterprises, as a lead partner, would have a 44 per cent stake in the venture, BCCL would have 30 per cent stake. The remaining would be with Aegon.

To start with, the company plans to commence operations with 50-60 branches, Religare Enterprises Ltd's Group Chief Financial Officer Anil Saxena had said.

Set up 1844, AEGON is one of the world's largest life insurance and pension companies and a provider of investment products, with an active presence in over 20 countries, with major operations in the US, the Netherlands and the UK.

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Comments

» jobs as a operation executive

Posted by Girish on 2008-11-16 15:59:32.035775+05:30
alwaya

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» job

Posted by pallem srinivasakranthikumar on 2008-11-10 16:10:40.553625+05:30
iam 13yearsexperence 10y/bank-3y/market

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» Join in your Organisation

Posted by K.VENKATA RAMA RAJU on 2008-10-21 17:56:46.299308+05:30
Dear Sir, I am presently working as a customer support executive since 15/09/2007 to till date with Bajaj Allianz Life Insurance Co. Ltd . Secunderabad,i am intrested to join your company for Andhra Pradesh Location.Plz. give your valuable support to me.Thanks

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» Hr consultant

Posted by achla on 2008-09-18 12:44:01.274682+05:30
Dear Sir,We are an HR outsourcing company, servicing clients across industry verticals and geographiesIn the last eight years since our inception, we have been at the forefront of HR Transformation, offering innovative outsourcing solutions to clients like American Express, Hindustan Lever, Hewlett Packard, Merc Pharma, Barclays Bank, JP Morgan Chase and several others.We leverage technology to offer a cost effective way of managing HR Operations. This spans across the key areas ofEmployee Acquisition, Employee Management Learning

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» Hr consultant

Posted by achla on 2008-09-18 12:43:52.977095+05:30
Dear Sir,We are an HR outsourcing company, servicing clients across industry verticals and geographiesIn the last eight years since our inception, we have been at the forefront of HR Transformation, offering innovative outsourcing solutions to clients like American Express, Hindustan Lever, Hewlett Packard, Merc Pharma, Barclays Bank, JP Morgan Chase and several others.We leverage technology to offer a cost effective way of managing HR Operations. This spans across the key areas ofEmployee Acquisition, Employee Management Learning

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» post for salse manager

Posted by Bonagiri Deviprasad on 2008-09-16 20:04:35.399946+05:30
hello sir,My name is Deviprasad iam doing job reliance life insurance company Limited. any vacencies in ur company.

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» intrested for job in operation dpt.

Posted by sameer jain on 2008-09-14 18:06:27.742398+05:30
Dear Sir, I am presently working as a customer support executive since 15/05/2006 to till date with Bajaj Allianz Life Insurance Co. Ltd . Gwalior,i am intrested to join your company for Gwalior Location.Plz. give your valuable support to me.Thanks

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» post for operation

Posted by jugal kishore kushwah on 2008-09-14 17:59:09.169674+05:30
Dear sir, I am presently working as a customer support executive in Bajajallianz life insurance co. Ltd posted at Gwaliorso I am intrested working in your organization as a operation executive.thanks please give your valuable support me.

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» i want to join to the company.

Posted by vishal g. more on 2008-09-13 15:55:58.892192+05:30
i want to be there.

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» interested for job

Posted by hardik panchal on 2008-09-12 11:10:50.798868+05:30
dear sir, i have experence of 4 years in insurance industries 3and half years with max new york life and 4 months with metlife.i am interested in your organisation.

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