Reliance Capital is planning to launch a standalone health insurance venture. The company has already received round one approval from the regulator IRDAI. The company currently offers health insurance products and the move to have a standalone offering is to increase retail presence in the already cluttered mediclaim segment.
Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It ranks amongst the top private sector financial services and banking groups, in terms of net worth.
