Top Indian Insurance Industry News & Updates - 18 July 2023,Tuesday
🏭 Industry
📝 IRDAI asks insurers to speed up settlement of flood claims
📝 New accounting standard for insurance soon
📝 SC sets aside SAT stay on Sahara Insurance biz transfer to SBI Life
📝 India needs insurance pool to cover natural disasters: SBI Research
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🗎 Life Insurance
📝 Dai-ichi Life invests $40mn in RenewBuy's holding company
📝 PNB MetLife's claim settlement ratio surpasses 99% in FY23
📝 LIC: Wake up call to expand footprint to life insurance biz
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🗎 General Insurance
📝 Chola MS Insurance appointed lead insurer for Bengal
📝 Why insurance is a must for cyber security now
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🏦 SEBI
📝 Sebi to take action on officials divulging confidential information to "outsiders"
📝 SAT quashes Sebi penalty on NSE, ex-CEOs in co-location case
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🗎 Mutual Funds / AMCs
📝 Investors prefer small cap mutual funds over large cap funds
📝 It’s time to spread your bets, and one way to do it is Multi-asset funds
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 PEs/VCs get profitable exits: Promoters cash in on market rally
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