Top Indian Insurance Industry News & Updates - 01 July 2023,Saturday

🏭 Industry

📝  Irdai asks private insurers to frame pay norms for top brass within 3 months
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🗎 Life Insurance

📝  Insurance query: Supplementing life cover with critical illness rider
📝  Insurance firms in new push to hire, retain employees
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🗎 General Insurance

📝  HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares
📝  Why Companies Should Include Home Insurance in their Corporate Insurance Policies
📝  HDFC buys additional stake in insurance firm HDFC ERGO to make it an arm
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🗎 Health Insurance

📝  IRDAI’s Mandate: Mental illness coverage in health insurance
📝  Corporate India's health insurance safety net doesn't cover everyone
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🏦 SEBI

📝  Sebi fines Vedanta Rs 30 lakh for breaching listing and disclosure norms
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🗎 Mutual Funds / AMCs

📝  HDFC AMC shares jump 15%, hit 52-week high after Sebi defers decision to overhaul TER regulations
📝  How can Sebi keep AMCs and mutual fund investors happy? A Balasubramanian answers
📝  AMC stocks surge as Sebi defers TER rationalisation
📝  At higher levels obviously the valuations are high: Harsha Upadhyaya
📝  Axis Focused 25 Fund completes 11 years; offers 13.75% since inception
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  Equity market sizzles as FPI inflow in June hits 10-month high
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🗎 Govt Securities / Bonds

📝  Government okays 27th tranche of electoral bonds; sale from Monday
📝  India bonds see best quarter in 3 years on RBI rate pause
📝  Foreigners flock to snap up 18.75% yield on India low-grade bond
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