Mumbai, Mar 16 (UNI) Reliance Capital Limited (RCL), a part of the Anil-Ambani led Reliance Group, today announced plans to separate out its retail Health Insurance business, from its General Insurance business, into a standalone, wholly owned subsidiary. The Board of Directors of Reliance General Insurance Company Limited (RGIL), a subsidiary of Reliance Capital Limited (RCL), has approved this proposal, subject to necessary IRDA and other approvals. Reliance Health Insurance Ltd., the proposed new company for Health Insurance business, will be a wholly owned subsidiary of Reliance Capital. Reliance Capital has appointed Mr. Ravi Viswanath, with over 20 years global experience in health insurance, as proposed CEO of the new company. UNI JS AW1506