Reliance Global Group Reports 36% Year-over-Year Increase in Personal Lines P&C Written Premium

Reuters
Feb 02
Reliance Global Group Reports 36% Year-over-Year Increase in Personal Lines P&C Written Premium

Reliance Global Group Inc. announced a 36% year-over-year increase in Personal Lines Property and Casualty written premium through its RELI Exchange platform. The company attributed this growth to an expanded agency partner network and increased participation from independent agencies, emphasizing that the increase was driven by organic growth rather than acquisitions. The written premium figures are based on internal, unaudited carrier-level production reports and are not recognized as revenue or income under U.S. GAAP. Reliance Global Group stated that its broader insurance operations provide a stable foundation for its strategic initiatives, including activities under its EZRA International Group platform.

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