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Monday, Dec 7, 2015

Aegon Religare Life Insurance renamed as Aegon Life Insurance

   [Source : The Economic Times]

Aegon Religare Life Insurance renamed as Aegon Life Insurance

NEW DELHI: Private player Aegon Religare Life Insurance Company is renamed as Aegon Life Insurance Company Ltd following the exit of Religare from the JV.

"The management team of the company will remain unchanged and will stay committed to all its customers, partners and employees with added focus on customer experience through simplification and digitisation," Aegon Life Insurance Company said in a statement today.

"All existing policyholders will continue to maintain the benefits with no change in the policy terms and conditions of their policies issued by Aegon Religare Life Insurance Company Ltd," it said.

"Earlier this year, financial services firm Religare Enterprises exited the life insurance company by selling its 44 per cent stake to partner Bennett, Coleman and Company Ltd ( BCCL).

Aegon Religare Life Insurance Company started operations in 2008.

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