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Aegon Religare Life Insurance infuses Rs 70 cr capital

The promoters of Aegon Religare Life Insurance today infused fresh capital of Rs 70 crore into the company taking the total base to Rs 465 crore. - Religare Life Insurance infuses Rs 70 cr fresh capital - Future Generali to recruit 14,000 more agents - Future Generali to launch more insurance products - ULP: A savings policy with risk advantage - AIG to sell Taiwan life insurance unit for $2.15 bn - Future Generali unveils investment plan "This (capital infusion) has been done to support building of distribution as part of Aegon Religare Life Insurance"s growth strategy for the financial year 2009-2010," a company release said. The promoters - Religare, Aegon and Bennett, Coleman & Company have contributed to the capital in the ratio 44:26:30 as per their shareholdings in the company. Promoters of the company, who started operations in July last year, had earlier infused Rs 95 crore fresh capital, the release said. Aegon Reliagre has managed to attract nearly 40,000 customers and an Annual Premium Equivalent of almost Rs 100 crore so far since the beginning of its journey.

payday loans online commented:

The promoters says that Religare, Aegon and Bennett, Coleman & Company have contributed to the capital in the ratio 44:26:30 as per their shareholdings in the company.

21.09.2011

quickquid commented:

Hoping such infusion and recruitment will good outcome. You have shared a good information.Thanks for such post

24.11.2011

Quick Quid commented:

Such recruitment news is really nice and I think it will give encouragement to youth too that 14,000 jobs are waiting in future for them.

06.12.2011

Wealth Transfer Asia commented:

This was really so very interesting and fun for me to read. I have enjoyed all of this great and helpful information. This is great.

06.01.2012

Mortgage Specialist commented:

An awesome and informative post and this will surely be beneficial to the youngsters to open new job possibilities.The company has made huge amount of contribution to raise the capital.

11.01.2012

Family Offices Asia commented:

I am specially in favor of this infusion as it will give birth to several recruitment which is the main goal of today\'s world as we have just faced the crisis.

13.01.2012

Delhi Escorts Services commented:

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19.01.2012

payday lenders commented:

I have heared a lot about this but today after reading this blog I came to know some of the essential aspects about it. Lovely information. Keep it up

28.02.2012

Burmese Ruby commented:

excellent resource and very informative.

12.05.2012


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