Top Indian Insurance Industry News & Updates - 07 Jun 2023,Wednesday
🏭 Industry
📝 A puny INR0.35 insurance could compensate for the Balasore train tragedy. Alas, it wasn’t mandatory.
📝 Proactively process claims related to Balasore train accident: Irdai to insurers
📝 PolicyBoss closes series B funding round, seeks to deepen last-mile presence
📝 Insurers brace for Odisha train accident claims, ease settlement processes
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🗎 Life Insurance
📝 ‘Impact of new tax on high-ticket non-Ulip products likely to be marginal’, Prashant Tripathy, MD & CEO Max Life insurance
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🗎 General Insurance
📝 Collective gross premium for non-life insurers grows 18%
📝 Should you opt for travel insurance? Here is all you need to know
📝 Insurance coverage for train travel: Claim rules & process during accident
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🗎 Health Insurance
📝 Health insurers increase their market share to 9.55 from 8.88 per cent
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🗎 Pension Funds/PF
📝 Public Provident Fund Interest Rate revision this month: Will it increase above 7.1%?
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🗎 Mutual Funds / AMCs
📝 ‘No dearth of opportunities in MF industry’, Ganesh Mohan, CEO of Bajaj Finserv AMC
📝 Bajaj Finserv Mutual Fund launched
📝 Explainer: Self-regulation for mutual funds
📝 ICICI Prudential Bluechip Fund completes 15 years
📝 Edelweiss Multi Asset Allocation Fund: smart way to enjoy LTCG tax?
📝 Bajaj Finserv banks on tech, last-mover advantage to make its mark in MF biz
📝 Bajaj MF to start ops with 3 debt plans
📝 How Bajaj Finserv plans to sell mutual funds to its 100 million clients
📝 MFS must perform before the push for a performance-based fee structure
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Sequoia Capital splits into three different units, India & SEA fund to be rebranded
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🗎 Govt Securities / Bonds
📝 Indian bond yields eye state debt auction demand for cues
📝 With yields cooling, companies flock to debt market in April-May
📝 NaBFID plans to raise Rs 10,000 cr via bonds
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