Rel Life got max policy sales among pvt insurers in Apr-Nov

New Delhi: Anil Dhirubhai Ambani Group company Reliance Life Insurance has emerged as the leading private sector insurer in the country in terms of the number of policies it sold in the first eight months of the current financial year.

Reliance Life Insurance sold 13,12,389 policies between April and November, 2010, as against 12,61,668 in the corresponding period last year, according to IRDA data.

"Our wide-ranging products, catering to every section of the society, and pan-India presence with quality service helped us notch up this business milestone," Reliance Life Insurance Executive Director and President Malay Ghosh said.

Reliance Life was followed by Bajaj Allianz and ICICI Prudential, which sold 9,49,183 and 8,26,904 policies, respectively, between April and November this year.

Nevertheless, the country's largest insurer, Life Insurance Corporation, continued to lead the pack when it came to policy sales, notching up 1,93,54,765 new customers in the first eight months of the ongoing fiscal, down 1 per.