Top Indian Insurance Industry News & Updates - 08 May 2023,Monday

🏭 Industry

📝  Insurance penetration cannot be done by merely crowding market with large number of players: AIIEA gen secy Mishra
📝  Irdai proposes to tighten norms for media campaigns by insurers
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🗎 Life Insurance

📝  SBI, HDFC, Axis, ICICI or any other credit card user? Check new IRDAI rule for loan payment
📝  Centre’s likely policy changes at LIC would have adverse effect, says AIIEA
📝  Loan against insurance policy: What is it and what are its benefits?
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🗎 General Insurance

📝  Private general insurance players’ expanding mkt share
📝  Insurance premiums to turn 10% costlier
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🗎 Health Insurance

📝  Why senior citizens must have health insurance
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🗎 Mutual Funds / AMCs

📝  Debt AIFs ready for a big leap with the new lease of life from regulators
📝  7 sectors this Tata MF fund manager is ready to bet on in this market
📝  G-Sec STRIPS trade leaps 600% since FY19 as insurers flock to bond Street
📝  Debt mutual funds holding long duration bonds have gained the most in the past four months
📝  Best Mid Cap Mutual Funds in 1 year: 9 schemes with over 11% returns
📝  AMC stocks witness a subdued year
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  FPIs remain buyers of Indian equities; invest Rs 10,850 cr in just four trading sessions
📝  `We are coming off an exuberant valuation phase' : Renuka Ramnath the founder & MD & CEO, Multiple Alternate Asset Management
📝  ChrysCap diversifies into public market, launches special fund
📝  Blackstone-backed Nexus Select Trust to focus on eastern India for fresh acquisitions
📝  ITAT ruling puts PE, VC firms in a spot of bother
📝  Interview: ‘It’s much harder to look for an exit via IPO,’ says Rishi Mandawat, partner, Bain Capital
📝  3One4 Capital raises $200 mn for its 4th venture capital fund
📝  ‘Market downturns are the best time to invest’: Anand Prasanna, managing partner and co-founder at Iron Pillar
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