Aegon Religare Life Insurance infuses additional capital of Rs 85 crore
Aegon Religare Life Insurance today said that its promoters have infused an additional capital of Rs 85 crore into the company, enhancing its total capital to Rs 550 crore.
Reliance Capital (Get Quote), a part of the Anil Dhirubhai Ambani Group, is looking to invest Rs 2,000 crore in insurance businesses in the next three years, which would take the company's cumulative investment in the sector to Rs 4,000 crore.