Reliance General Insurance Unlisted Shares

Reliance General Insurance Company Limited is a part of Reliance Anil Dhirubhai Ambani Group (owned by Reliance Capital Limited). It is an Indian-based private insurance company which provides solutions for umbrella sectors. From motor, home, health, travel and marine, etc. Reliance General Insurance provides insurance solutions for every domain, and with its strategic practices, the company has managed to secure its name as the leading insurance provider in India. 

Reliance General Insurance share price has become a topic of interest for unlisted shares investors as the company has managed to forge strong and enduring bonds with millions of consumers. This financial services company was a retail initiative by the Reliance group. It has gained an excellent profile in the industry by providing unlimited choice, superior quality, outstanding value proposition and unparalleled experience across all its stores.

Reliance General Insurance Unlisted Share Price Overview

The Reliance General Insurance share price reported an all-time high net profit of Rs 59 crore for the 3rd quarter that ended in December 2022, which is higher by 23% than the Rs 48 crore reported in the previous year. If you are willing to invest in Reliance unlisted shares, you must check the Reliance Insurance share price and make good returns profit. During the April-December period, the Reliance Insurance company’s gross written premium rose by 13% year on year to Rs 8,208 crore against the corresponding gross of Rs 7,294 of the previous year.

The Reliance General Insurance company is operating at 6.6 times the investment AUM, which it claims is one of the industry’s best. The profit before tax for the 9-month period that ended December has risen 6% to Rs 334 crore, compared with Rs 314 crore in the same period the previous year. So check Reliance share price and invest in profit-making Reliance unlisted shares.

For FY 2023, Reliance General Insurance, the 5th largest general insurance company in India, recorded a gross written premium of Rs. 8,208 crores, and it’s PAT( profit after tax) was estimated at Rs. 334 crores. It also keeps on reinvesting revenue to grow business and maintain solvency metrics with high settlement ratios.