Top Indian Insurance Industry News & Updates - 13 Jun 2023,Tuesday

🏭 Industry

📝  Ministry of Defence & Kotak Mahindra Life Insurance tie-up for jobs to veterans
📝  After Shakti Ammas, it may be the turn of Bima Vahaks
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🗎 Life Insurance

📝  LIC Aadhaar Stambh Policy: Invest Rs 10,000 and get up to Rs 3,00,000 at maturity, check eligibility, features
📝  Reliance Nippon Life declares Rs 344 crore bonus to policyholders
📝  Abrdn's exit from HDFC Life nets 14x gains since JV formation in 2000
📝  Private life insurers grow 10% in May, LIC shrinks 6%
📝  Life insurance companies stare at life beyond tax tweaks
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🗎 General Insurance

📝  Crop insurance. PMFBY back in favour as insurers return to do business
📝  Lesser known benefits in travel insurance
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🗎 Health Insurance

📝  V Jagannathan quits from Board of Star Health and Allied Insurance Company
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🏦 SEBI

📝  Sebi bars Chandra, son Punit from holding key posts
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🗎 Mutual Funds / AMCs

📝  FinEzzy aims to disburse Rs 1,500 crore in loans against mutual funds over next year
📝  Franklin MF to extinguish units in 5 out of 6 schemes; latest instalment will result in total payout of Rs 27,109 cr
📝  New Flexicap Fund launched by 360 ONE Asset. Who should invest? Check NFO details
📝  360 ONE Asset launches Flexicap Fund
📝  Mutual funds invest more than Rs 2,400 crore in equities in May
📝  HDFC MF not to accept lumpsum investments in Defence Fund
📝  Mirae infuses ₹1,240 crore in its Indian capital market biz
📝  Most attractive part of rate curve in 1-3 year territory: Vetri Subramaniam
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🗎 Govt Securities / Bonds

📝  SBI likely to begin issuance of Rs 10,000-cr rupee bonds soon
📝  Punjab and Sind Bank approves ₹750 cr fund raising via bonds
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