Top Indian Insurance Industry News & Updates - 17 Jun 2023,Saturday

🏭 Industry

📝  Irdai fine-tuning Bima Sugam, likely to miss August launch date
📝  Insurance brokers remain critical despite tech: Irdai
📝  IRDAI asks intermediaries to set up online platforms combining digital access with human advice
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🗎 Life Insurance

📝  LIC Aadhaar Shila policy: Invest Rs 87 per day, earn Rs 11 lakh, know features, eligibility
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🗎 General Insurance

📝  Castrol, Mahindra Insurance Brokers announce alliance for Castrol Auto Service Workshops
📝  These car insurance add-ons worth Rs 6,500 can save you from paying Rs 3.5 lakh for rain damages
📝  When and how to renew your motor insurance – Details here
📝  No change in premium for third party motor insurance for 2023-24
📝  Pack Your Bags, Not Your Worries: #TravelWithCare with Bajaj Allianz Travel Insurance
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🏦 SEBI

📝  Sebi asks bourses, intermediaries to identify money laundering risks from new product development
📝  Sebi issues guidelines on product offerings by online bond platform providers
📝  SEBI disposes showcause notices against Sharekhan Commodities
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🗎 Pension Funds/PF

📝  National Pension Scheme: PFRDA plans to bring in systematic withdrawal plan
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🗎 Mutual Funds / AMCs

📝  Start investing for your newborn now, but do it with a purpose, says Edelweiss MF CEO Radhika Gupta
📝  Mirae Asset Mutual Fund introduces new SIP modification facility
📝  Samco Mutual Fund's new fund suitable for risk takers
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  IndInfravit completes acquisition of 4 Brookfield road projects for USD 1 bn
📝  PE funds set sights on alternative assets to prop up realty portfolio
📝  Highdell Investment sells 6.2 per cent stake in Kalyan Jewellers for Rs 725 crore
📝  ‘Niche investing may grow as market matures’, Rahul Khanna, co-founder and managing partner, Trifecta Capital,
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🗎 Govt Securities / Bonds

📝  Sovereign Gold Bond Scheme: Issue price fixed at Rs 5,926/gm; subscription opens on Monday
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