Reliance Life net profit soars in Q2

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Agencies: New Delhi, Nov 11 2012, 18:09 IST
state-run LIC is the country's largest life insurer overall, Reliance Life has been the largest private life insurance company in terms of number of policies (over nine million) for two consecutive years as on March 31, 2012.

However, Reliance Life was the country's seventh largest private life insurer in terms of total new business premium and sixth in terms of individual new business premium for the last fiscal ended March 31, 2012.

At present, the company has a market share of 4.8 per cent of the private sector life insurance industry.

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