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Irdai directs Reliance Health Insurance to stop selling new policies
The company will be merged into Reliance General
Irdai bars Anil Ambani-led Reliance Health Insurance from selling policies
Irdai has also asked RHICL to "ring fence" its residual assets and not dispose them of without the insurance regulator's prior written approval.
Reliance Capital in talks with 3 firms to sell entire stake in health arm
The company has already exited its mutual fund business, selling it to Nippon
Reliance Health Insurance gets IRDAI nod, to start operations in December
Reliance Health will leverage Reliance General Insurance's existing expertise in health insurance and distribution network to have a pan-India presence on the very first day of operations
Reliance Health Insurance gets final Irdai approval to start operations
The company said health insurance in India has been amongst the fastest-growing insurance sectors