If you are referring to the Security Life of Denver Insurance Company, it seems to be owned by ING.

Reliance Life insurance company is owned by Reliance Capital (ADAG -Anil Dhirubhai Ambani Group) and it's only private life insurance in India who operates company without foreign partner

i think it is not acquired.. it is owned by mr. patrick go

The company is now owned by ING/Reliastar

A mutual insurance company offers similar services to other insurance companies, like home, auto, and life insurances. The differences is that a mutual insurance company is entirely owned by its policyholders.