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AEGON RELIGARE LIFE INSURANCE APPROVED FOR OPERATIONS IN INDIA.

AsiaPulse News

| July 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, July 1 Asia Pulse - AEGON Religare Life Insurance Co, a joint venture between financial services institutions Religare (BSE:532915) and the Netherlands-based AEGON, was approved Monday by India's Insurance Regulatory & Development Authority (IRDA) to operate in the country's life insurance space.

"We are pleased to have received the R3 licence from the IRDA. Our plans for the nationwide launch are now ready for execution," AEGON Religare Life Insurance CEO Rajiv Jamkhedkar said in a statement.

Religare Enterprises, as a lead partner, ...

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Source: HighBeam Research, AEGON RELIGARE LIFE INSURANCE APPROVED FOR OPERATIONS IN INDIA.

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