Reliance Capital Limited · Navi Mumbai India ·(Mumbai: RELCAPITAL)
Company Description
Phone: +91-22-3032-7000
Fax: +91-22-3032-7202
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This link will open in a new window Indians rely on Reliance Capital to provide financial services. The company, which is part of the Anil Dhirubhai Ambani Group, offers non-banking services including asset management, mutual funds, life and general insurance, private equity and proprietary investments, consumer finance, and stock brokerage services through its various subsidiaries. Reliance Capital has numerous investments in the infrastructure sector including power, ports, and telecommunications in addition to dabbling in the entertainment sector with the acquisition of a controlling stake of Adlab Films in 2005. To read the full description, subscribe now.
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Key Reliance Capital Limited Financials
| Company Type | Public - Mumbai: RELCAPITAL Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $20,691.6 |
| Employees | 216 |
Reliance Capital Limited Executives
8 executives listed for Reliance Capital Limited's Navi Mumbai, location.
| Title | Name & Bio | Contact |
| Chairman | Anil Ambani | Network |
| Vice Chairman | Amitabh Jhunjhunwala | Network |
| CEO | Sam Ghosh | Network |
Competition
Competitive Landscape for Reliance Capital Limited
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top Reliance Capital Limited Competitors
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