Top Indian Insurance Industry News & Updates - 17 May 2023,Wednesday
🏭 Industry
📝 Irdai relaxes norms for surety bonds to expand market for such products
📝 Gross direct premium of insurance industry to cross Rs 3L crore by FY25: ICRA
📝 Proposal to blacklist ICICI Lombard sent to Maharashtra government over crop insurance delay, says Akola collector
📝 GST probe into insurers widens, 10 more firms to get notices soon
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🗎 Life Insurance
📝 LIC to declare fourth quarter results on May 24
📝 LIC trades at 40% discount to issue price a year after listing
📝 Star Union Dai-ichi eyeing more bank tie-ups to bolster bancassurance channel
📝 HDFC Life declares bonus of Rs 3660 cr on par plans
📝 LIC's new business premium drops 50% to Rs 5,810.1 crore in April
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🗎 Health Insurance
📝 Health insurance: Ways to avoid claim rejection and handle disputes
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🏦 SEBI
📝 Sebi proposes special rights to unitholders of REITs, InvITs to strengthen corporate governance norms
📝 Sebi mulls expanding definition of QIB for debt securities
📝 Sebi slaps Rs 25 lakh penalty on 5 entities for non-genuine trades
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🗎 Pension Funds/PF
📝 National Pension System: Choosing right annuity schemes
📝 17.31 lakh new workers added under ESI Scheme
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🗎 Mutual Funds / AMCs
📝 Will performance-linked mutual fund fee mean better returns for you?
📝 What should be investment strategy for HNIs after tax blow to Debt MF?
📝 India’s first Defence Mutual Fund launched by HDFC AMC. What is it and where will it invest? NFO details here
📝 Investors throng to Gold ETFs; invest Rs 124 cr in 'safe haven' asset class
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Jupiter Wagons raises ₹125 crore through QIP route
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🗎 Govt Securities / Bonds
📝 Irdai relaxes norms for surety bonds to expand market for such products
📝 Russian firms investing rupee surplus in govt bonds
📝 Sebi may expand definition of QIB for debt securities
📝 HDFC, PFC plan debt raise of up to Rs 6,500 cr
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