Most life insurance brands failing to raise the bar for customer experience, reveals study
Most life insurance players in the country have not been able to meet customer expectations in terms of service offerings, says a survey. The improvements in customer experiences in the life insurance sector have come to a standstill, according to market research firm Hansa Research’s ‘Insurance CuES 2024’ survey.

Taking a loan against life insurance policy is quicker, simpler, cheaper

In insurance, long-term vision is key. Substantial benefits typically accrue after 20-30 years of investment. That is why insurers recommend taking a loan against a life insurance policy instead of surrendering it.

Chola MS General’s gross written premium crosses ₹7,500 crore in FY24
Chennai: Cholamandalam MS General Insurance Company Ltd, a 60:40 joint venture between Murugappa Group and Japan’s Mitsui Sumitomo Insurance Group, has ended the fiscal FY24 with a growth of 22 per cent in its gross written premium (GWP).

New health insurance regulator may arrive faster than we thought
New Delhi: A brand-new regulator for health insurance may be among the first proposals to be signed off by the next government, with the Union finance ministry seeking early consultations, two people aware of the matter said.

NPS: PFRDA issues guidelines on best digital practices to ensure safer investment for users
The Pension Fund Regulatory and Development Authority (PFRDA), which regulates the National Pension System (NPS), has issued guidelines covering a range of digital safety aspects related to managing user accounts and processing transactions by its nodal offices.

Redeeming mutual fund units? Key points you need to know about MF redemption
Mutual fund redemption is a process of selling mutual fund units back to the asset management company (AMC), which manages your fund. It means as a subscriber you are withdrawing units – called ‘redemption’ in mutual fund parlance. When you redeem your MF scheme, partially or fully, you receive funds in your bank account linked with the MF account within 3-4 working days. Hence, in that way, mutual funds are very beneficial for an investor who likes liquid investment as it makes exit very easy and instant.

Top mutual funds: These 15 equity MF schemes delivered the best return in three years. Do you own any?
In the last five years, the Mutual Fund industry has seen significant growth. With numerous options available, it's crucial to identify funds that have outperformed their benchmark index. Investors are increasingly seeking mutual fund schemes that have exceeded the market average. Here's a list of the top-performing mutual funds in India, covering large, mid-and small-cap segments, that have surpassed their benchmarks.

Mutual fund assets increase 34% during FY24, the highest in 7 years
For the three months ended March 2024 (Q4FY24), the average assets under management (AUM) stood at Rs 54.1 trillion compared to Rs 40.5 trillion in Q4 of 2022-23 (FY23), according to data from the Association of Mutual Funds in India.

Bandhan Mutual Fund announces launch of the Bandhan Innovation Fund
 

Prime Decoder: New RBI regulations trigger changes to the corporate bond market and treasury ops of banks. Here’s how.
Beginning this fiscal year, the banking regulator has revised prudential regulations on investing in the bond market. These regulations are expected to boost the corporate bond market and significantly change the way banks manage their treasury operations.