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Reliance Nippon Life Insurance Company (RNLIC)

Reliance Nippon Life Insurance Company Limited is amongst the leading private sector life insurance companies in India in terms of individual WRP (weighted received premium) and new business WRP. The company is one of the largest non-banks-supported private life insurers with over 10 million policyholders*, a strong distribution network of 713 offices and 54,013 advisors as on March 31, 2023. The company holds a Claim Settlement Ratio of 98.6% as on March 31, 2023. In FY23, Brand Finance recognized the company as India's 5th Most Valuable Insurance Brand.

Rated amongst the Top 25 companies to work for by Great Place to Work 2023, the company’s vision is "To be a company people are proud of, trust in and grow with; providing financial independence to every life we touch." Reliance Nippon Life caters to five distinct segments, namely Protection, Child, Retirement, Saving & Investment, and Health: for individuals as well as Groups/Corporate entities.

 *Since inception of which many policies may have matured, lapsed, terminated and surrendered

Nippon Life, the leading Life Insurance company in Japan
  • Nippon Life Insurance (also known as Nissay or Nihon Seimei) is the largest Japanese life insurance company by revenue.
  • The company was founded in 1889 and first paid policyholder dividends in 1898.
  • It primarily operates in Japan, North America, Europe and Asia, and is headquartered in Osaka, Japan.
  • NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (Nissay), which manages assets globally


Extensive network of offices

(As on 31st Mar'2023)

₹5,122 Cr

Total premium
(As on 31st Mar'2023)


A large team of highly motivated Advisors
(As on 31st Mar'2023)

₹85,950 Cr

Total Sum Assured

(As on 31st Mar'2023)

₹30,609 Cr

Assets under

(As on 31st Mar'2023)


13th month persistency

(As on 31st Mar'2023)

Note: Persistency declared is for regular pay policies as prescribed by IRDAI.


Claim Settlement Ratio
(Individual death claim ratio
as per audited figures for FY23)

Download IRDA License / Certificate copy

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