Top Indian Insurance Industry News & Updates - 28 April 2023,Friday

🏭 Industry

📝  “Living without fraud in the insurance sector is a utopian dream”
📝  NFRA reviews proposals for new accounting standards for insurance contracts
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🗎 Life Insurance

📝  HDFC Life PAT up 13% in FY23, private sector market share at 17%
📝  We cannot run our business based on tax exemptions: NS Kannan, I-Pru Life
📝  How Aegon Life Insurance is leveraging digital for business transformation
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🗎 General Insurance

📝  Hinduja Group proposes ₹300 crore infusion in Reliance General
📝  Reliance General becomes first insurer to accept CBDC in tie-up with YES Bank
📝  Why are motor insurance premiums for electric vehicles generally higher? An explainer
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🗎 Health Insurance

📝  Zero waiting period: Why are insurers denying customers this benefit?
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🏦 SEBI

📝  SEBI bans LIC dealer for front running
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🗎 Pension Funds/PF

📝  More flexibility for NPS soon via systematic withdrawal plans: PFRDA chief
📝  EPFO: Know when tax on EPF withdrawal is applicable and how much to save
📝  EPFO E-Passbook facility down: Here are alternatives to check PF balance or passbook
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🗎 Mutual Funds / AMCs

📝  UTI Mutual Fund launches UTI Nifty 500 Value 50 Index Fund
📝  ICICI Prudential MF hikes stake in PVR to 7.19%
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🗎 Govt Securities / Bonds

📝  SBI issues $750-million 5-year bonds at 4.875%
📝  HDFC plans ₹15,000-cr bond issue
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