Top Indian Insurance Industry News & Updates - 01 Jun 2023,Thursday

🏭 Industry

📝  Breaking boundaries: Insurance sector's promising shift
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🗎 Life Insurance

📝  Abrdn sells 1.66% stake in HDFC Life for Rs 2,069 crore
📝  Kotak Life insurance policyholders to get Rs 840 crore as participating bonus
📝  Why is term insurance important for self-employed people? Read more!
📝  This insurer becomes first life insurance company to give cover for surrogate mothers and egg donors in India
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🗎 General Insurance

📝  World No Tobacco Day: Lifestyle habits beyond a certain threshold may result in denial of coverage, says Dr Santosh Puri, Tata AIG
📝  What type of covers come under home insurance? Vivek Chaturvedi explains
📝  Here are the major benefits of Bajaj Allianz two-wheeler insurance
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🗎 Health Insurance

📝  World No Tobacco Day: Smoking habits have a big impact on life insurers, says Pankaj Shahane of Digit Insurance
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🏦 SEBI

📝  Sebi proposes stringent FPI ownership disclosure rules
📝  SEBI cancels Certificate of Registration of Karvy Stock Broking
📝  Transactions between 2 govt firms exempt from prior nod requirements by audit committee for RPTs, says Sebi
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🗎 Pension Funds/PF

📝  NPS: Invest Rs 500 per day and get Rs 1.89 crore, here's how
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🗎 Mutual Funds / AMCs

📝  Sebi chief Buch calls mutual funds ‘bada beta’, wants AMFI to answer tough questions
📝  Top 5 global equity mutual funds for investors with high risk appetite
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  These hedge funds, FPIs, domestic MFs picked up Abrdn’s stake in HDFC Life
📝  Carpediem Capital raises Rs 700 crore for Fund-II
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🗎 Govt Securities / Bonds

📝  Indian NBFCs double fundraising via bonds in five days as bank rate gap widens
📝  India bond yields drop for third straight month amid easing inflation
📝  HDFC raises Rs 8,325 crore via bond issue
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