Top Indian Insurance Industry News & Updates - 09 May 2023,Tuesday
🏭 Industry
📝 GST violations case: Finance ministry refuses to act on insurers' plea, refers matter to Irdai
📝 Finance minister Nirmala Sitharaman seeks special drive for unclaimed bank deposits
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🗎 Life Insurance
📝 Max Life partners with MSME body IIA to provide life insurance to MSME workers in UP
📝 Exide registers 4% increase in operational revenue in Q4 FY23
📝 Life insurance: Why is it pertinent to make smart financial decisions?
📝 Ensuring insurance for all
📝 HDFC Life sets record date for final dividend for FY23: Key details to note
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🗎 General Insurance
📝 Non-life insurers’ gross direct premium grows 20.5% in April
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🗎 Health Insurance
📝 Centre to widen low-cost health cover to another 100 mn families
📝 There is need to offer plans that cover all aspects of health expenses: Aniruddha Sen, Kenko Health
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🗎 Pension Funds/PF
📝 How to get a higher pension in current EPFO ruling explained
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🗎 Mutual Funds / AMCs
📝 SIPs and SWPs combo to lead to the next big phase of investment: Prateek Pant, WhiteOak Capital AMC
📝 Fixed income should be seen as part of core asset allocation by investors: Invesco MF
📝 Best Performing Flexi Cap mutual funds in 1 year: 12 schemes with over 10% returns
📝 Sebi explores two options for mutual fund performance fee plan
📝 Performance-linked fees for Mutual Funds
📝 Over half of new MF investors in last 5 years were millennials; only 5% prefer DIY
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🗎 Govt Securities / Bonds
📝 Russian surpluses with Indian banks said to be flowing into local Gsecs
📝 RBI parks incremental reserves in US treasuries, other sovereign securities
📝 PFC scraps three-year floating rate bond sale
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