Top Indian Insurance Industry News & Updates - 06 July 2023,Thursday

🏭 Industry

📝  What are the life and health insurance benefits for LGBTQ community? Sajja Praveen Chowdary explains
📝  Simplify products, improve affordability, enhance awareness of insurance: Policybazaar survey report
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🗎 Life Insurance

📝  Life after merger: HDFC twins have smartly rewarded investors. Can the joint entity repeat the feat?
📝  LIC gradually reduces stake in India Cements to 3.83%
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🗎 General Insurance

📝  Insurance – Personal accident cover: A must for frequent travellers
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🗎 Health Insurance

📝  What is keeping Indians away from health insurance?
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Insuretech

📝  Plum ventures into business insurance, aims to become profitable by FY25
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🏦 SEBI

📝  Sebi sends notice to NSE on alleged misuse of trading software
📝  SEBI certification mandated for ESG rating service providers
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🗎 Pension Funds/PF

📝  AP’s new pension scheme is attractive and viable
📝  NPS withdrawals: Tax implications and smart strategies to save thousands of rupees, check details
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🗎 Mutual Funds / AMCs

📝  Small cap funds offer 13.42% in first half of 2023; toppers offer more than 17%
📝  Passives emerge as an easy and efficient way to boost returns: Chintan Haria of ICICI Prudential Mutual Fund
📝  AMFI classification sees JSW Energy, Tata Elxsi, Nykaa slip to mid-cap
📝  ‘Investing in undervalued asset classes is what makes you money’, S Naren, ED and CIO of ICICI Prudential AMC
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🗎 Equities, Pvt. Equity / Hedge Funds

📝   Multiples PE leads ₹1,200 cr funding in Veritas Finance, two investors exit
📝  Indian equities benefit most from June foreign inflows into Asia
📝  India should push to add its bonds to global indexes: RBI report
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✈ International News

📝  Green bonds take big lead over fossil-fuel debt deals
📝  Longer-dated US yields edge up after data, Fed minutes eyed
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