Reliance Nippon Life Insurance is "adequately capitalised" and does "not need fresh capital" for several years to run its business, a company official said on Tuesday. The joint venture between Reliance Capital and Nippon Life of Japan can increase the number of branches from 727 at present to 977 easily with the present level of capital adequacy, the official said. "We are adequately capitalised. We do not need fresh capital infusion for several years from now. Our solvency ratio is more that 260 per cent against the IRDA norm of 150 per cent," company's ED and CEO Ashish Vohra told reporters here. Replying to a query on the future of the company as one of the promoter, Reliance Capital which is a part of the Anil Dhirubhai Ambani Group (ADAG), is facing liquidity crunch, Vohra said the current capital base is Rs 2,000 crore and the business of the life insurer has not been affected.