Reliance General Insurance Unlisted Share Price

Reliance General Insurance Company Limited Unlisted Shares - Company Overview

Reliance General Insurance Company Limited is a public limited company and it is registered with the Registrar of Companies, Mumbai. The Company obtained regulatory approval to undertake general insurance business on October 23, 2000, from the Insurance Regulatory and Development Authority of India ("IRDAI") and it is involved in the business of underwriting general insurance relating to fire, marine, and miscellaneous segments. In travel, Reliance General Insurance provides plans for overseas trips such as Schengen, Asia, and the US. Travel plans tailored for students and senior citizens are also available.

Under the Commercial Line Portfolio insurance, such as fire, home, indemnity, public, marine, public liability, director’s & officer’s liability, plant & machinery. The home insurance portfolio covers house contents against theft and damage. 

The Company’s Unsecured, Subordinated, Fully Paid-up, Redeemable, Non-Convertible Debentures (NCDs) are listed on the Bombay Stock Exchange (BSE).

Reliance GIC Share Details as of March 31, 2024

Incorporation Details of Reliance GIC

Reliance GIC Principal Business Activities

Reliance GIC Particulars of Holding, Subsidiary & Associate Companies 

Reliance GIC Board of Directors

Reliance General Insurance Company Limited Equity Shareholding Pattern (As of 31-03-2024)

General Industry Outlook

Industry GDPI expected to grow to Rs. 3.21-3.23 trillion by FY2025 and Rs. 3.67-3.71 trillion by FY2026 from Rs. 2.79 trillion in FY2024; private insurers to expand further to 70.5% of GDPI in FY2026 from 67.6% in FY2024.

During FY2021-22, businesses around the world continued to battle disruptions due to the second wave of COVID-19. Like many other sectors, General Insurance (GI) sector has also been impacted adversely. In fact, the second COVID wave hit the industry harder than the first wave, especially in Q1 of FY2021-22. However, as the year progressed, the industry started getting back to normal. The GI industry grew from 2% in FY2020-21 to 8.8% in FY2021-22.

FAQs on Reliance General Insurance Company

Q1: What is Reliance General Insurance Company share price?

Reliance General Insurance company's share price used to fluctuate on a daily basis. To know details about share price Contact us.

 Q2: What exactly does Reliance General Insurance Company do?

A2: One of India's top financial services firms, Reliance Capital, has a subsidiary called Reliance General Insurance Company. It provides a variety of insurance products, including home, auto, health, travel, and commercial insurance for businesses.

Q3: What factors can affect the Reliance General Insurance Company share price?

Reliance General Insurance Company's share price can be influenced by a variety of factors, including the performance of the insurance industry as a whole, the company's financial performance, regulatory changes, and global economic conditions.

Q4: How can I buy shares of Reliance General Insurance Company?

If you're interested in buying shares of Reliance General Insurance Company then Contact us. 

Q5. Is Reliance General Insurance profitable?

Yes Reliance General Insurance, is a profit-making Company.

Q6. What is the growth rate of Reliance General Insurance?

In FY 2022 Revenue from Operations increased by 28%, for the most accurate information, you're advised to visit the company's official website or contact them directly.

Q7. How to sell Reliance General Insurance shares?

If you possess shares of the company because you are an employee or an early investor, selling those shares would typically involve a private transaction. You can sell your shares online at wwipl.com, or you can contact our team. 

Q8. Is it good to invest in Reliance General Insurance shares?

We do not provide personal investment advice, including whether it's good to invest in Reliance General Insurance shares. The decision to invest in any company should be based on thorough research and a range of considerations, including your personal financial circumstances, the company's performance, and market conditions.