Top Indian Insurance Industry News & Updates - 22 April 2023,Saturday
🗎 Life Insurance
📝 ICICI Prudential shares fall 4% after Q4 results
📝 Savings line of our business can grow at the nominal GDP growth rate: NS Kannan, ICICI Pru
📝 We are well positioned to further grow our VNB: NS Kannan, ICICI Pru
📝 Pvt life cos see 35% surge in March premiums at Rs 23k cr
📝 Life insurers’ first-year premium rose 17.91% to more than ₹3.70 lakh cr. in FY23
📝 Sale of high-value policies picked up from mid-Mar: Kotak Life Insurance MD
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🗎 General Insurance
📝 SBI General FY23 net profit jumps 40% Rs 184 crore, premium up 17.6%
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🗎 Health Insurance
📝 Buying health insurance at 30 Vs 60
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🏦 SEBI
📝 Sebi plans to allow mutual funds with performance-based fees
📝 Sebi approves transfer of controlling stake of HDFC AMC to HDFC Bank
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🗎 Pension Funds/PF
📝 How to check PF balance without internet, here are 4 ways to do it
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🗎 Mutual Funds / AMCs
📝 Mutual funds to invest Rs 50 lakh for five years
📝 Sebi approves transfer of controlling stake of HDFC AMC to HDFC Bank
📝 Emkay Global gets approval to launch mutual fund biz
📝 SEBI gives nod for change in HDFC AMC sponsor
📝 Insurance-cum-investment products suited for active, passive, and moderate investors
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Blackstone, GIC vie for majority stake in Allianz-ESR platform
📝 Equity MF inflows drop 23% in Q4 amid volatile markets
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🗎 Govt Securities / Bonds
📝 India bond yields fall after strong demand at auction, ends week lowe
📝 IIFL Finance fully repays $400 million bonds
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