Top Indian Insurance Industry News & Updates - 29 April 2023,Saturday
🏭 Industry
📝 India govt appoints Siddhartha Mohanty as LIC Chairman
📝 ‘Insurance is about selling a promise, not a product’ Deepak B Unniyal, co-founder & CEO, Insurance Samadhan
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🗎 Life Insurance
📝 SEBI bans 5 entities in LIC front running case, impounds Rs 2.44 crore
📝 HDFC Life has its plan ready for composite licence regime: MD
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🗎 General Insurance
📝 You can save 20% on car insurance premium if you buy Pay As You Drive; who should opt for it?
📝 What is No Claim Bonus (NCB) in car insurance?
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🗎 Health Insurance
📝 Insurance veteran Venkatasamy Jagannathan retires as Star Health CEO after record-high profits
📝 Star Health posts record PAT of ₹619 crore in FY23
📝 Star Health Q4 Results: Profit at Rs 619 crore, gross written premium grows 13% YoY
📝 Health insurance segment to cross Rs 1-trn mark in FY24
📝 Why you should buy health insurance plans for your family
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🏦 SEBI
📝 Sebi bans Karvy Stock Broking, promoter from securities market for 7 years; fines Rs 21 crore
📝 Sebi slaps Rs 75 lakh fine on 15 entities for non-genuine trades
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🗎 Pension Funds/PF
📝 Higher pension: EPFO tweaks ‘joint option’
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🗎 Mutual Funds / AMCs
📝 Why there has been a dip in equity mutual fund inflows? Jayesh Faria answers
📝 Top 10 Mutual Fund Asset Management Companies (AMCs) in India by AUM Ranked
📝 AMFI tells MFs to stop non-financial sops to distributors
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