Top Indian Insurance Industry News & Updates - 28 Aug 2023,Monday

🏭 Industry

📝  Government unlikely to infuse capital in PSU general insurers in FY24
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🗎 Life Insurance

📝  Strategy in place, Max Life in growth push: Prashant Tripathy
📝  US-based Guardian Life Insurance appoints Shiney Prasad as Country Head
📝  Uncertainty looms over Reliance Cap, Nippon Life JV
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🗎 General Insurance

📝  Govt unlikely to infuse capital in PSU general insurers in FY24
📝  Kshema General Insurance to launch crop protection products next year
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🗎 Health Insurance

📝  15% of people below 45 years fail to get health insurance because of THIS reason
📝  India's grim reality: Over 98% of senior citizens devoid of health insurance on rising costs, reveals survey
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🏦 SEBI

📝  Securities and Exchange Board of India to stop sharp practices in world of investment
📝  Finfluencers have been making a lot of money by enticing followers. SEBI decides to curb their income
📝  'REITs, InvITs set to gain from Sebi move on follow-on rules'
📝  SEBI proposes to enforcement action, disrupt revenue model for finfluencers
📝  Medi Assist Healthcare Services refiles papers with Securities and Exchange Board of India
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🗎 Mutual Funds / AMCs

📝  Constructing Mutual Fund Portfolio: Large Cap vs Mid Cap vs Small Cap Schemes – How to Decide?
📝  Credent arm plans realty fund
📝  Upstox mulls entry into lending, insurance to boost growth
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  M&As likely to witness a strong comeback as PEs bet more cash in India
📝  FPIs invest Rs 10,689 cr in August; pace of investment slows
📝  Overcrowding of private credit funds leading to underpricing of risk
📝  PE/VC funding past$1 billion last week; deal volume up too
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