13 Jun 2023 , 12:41 PM
Reliance Nippon Life Insurance Company has made a significant announcement regarding its annual bonus for FY23. Here are the key details:
The company has declared an annual bonus of Rs 344 crore for its participating policyholders. Reliance Nippon Life Insurance reported a net income of Rs 108 crore for the year, marking a notable growth of 65% compared to FY22.
This bonus allocation will benefit more than 5.69 lakh participating policyholders, according to Ashish Vohra, the Chief Executive of the company. Reliance Nippon Life Insurance has a commendable track record of distributing bonuses for the past 22 years.
As per data, as of March 2023, the company holds assets under management worth Rs 30,609 crore and a total sum assured of Rs 85,950 crore.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.