Top Indian Insurance Industry News & Updates - 12 Jun 2023,Monday
🏭 Industry
📝 Welcome move. Specific insurance plans for surrogate mothers on the anvil
📝 New infra. Under PM crop insurance scheme, weather station to come up in every panchayat
📝 Irdai asks insurers to create ABHA IDs for policy seekers
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🗎 Life Insurance
📝 LIC to hold roadshows in Hong Kong, UK in June
📝 Go Digit Life to invest up to ₹600 cr as it starts out
📝 Growing the sector. Go Digit gets IRDAI nod to commence life insurance operations
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🗎 General Insurance
📝 Zuno General Insurance sees retail health growing faster than group business
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🗎 Health Insurance
📝 V Jagannathan quits from Board of Star Health and Allied Insurance Company
📝 No waiting period! Now get coverage from Day 1 for pre-existing diseases; here’s how
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Insuretech
📝 AI, Blockchain, and IoT take the wheel: 25% of the insurance industry set to be automated
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🏦 SEBI
📝 Sebi's SCORES platform disposes of 2,457 complaints in May
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🗎 Pension Funds/PF
📝 Pension Fund Regulatory and Development Authority to give approval to minimum assured pension return scheme by December
📝 LIC Saral Pension plan: Invest once and receive up to Rs 12000 every month, details here
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🗎 Mutual Funds / AMCs
📝 Franklin Templeton India Mutual Fund to repay investors of two debt funds: Report
📝 Mutual funds invest over Rs 2,400 cr in stocks in May
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 FPIs buying spree continues; invest Rs 9,800 cr in equities this month
📝 Mid, smallcaps attractive from 5-yr horizon: Vinit Sambre, head of equities, DSP Investment Managers
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