Top Indian Insurance Industry News & Updates - 18 May 2023,Thursday
🏭 Industry
📝 Irdai forms task force to facilitate ease of doing KYC using Aadhaar
📝 IRDAI tweaks surety insurance norms for more products, players
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🗎 Life Insurance
📝 Falling premiums at LIC drag life insurers' income down by 30%
📝 ULIP Debt fund options: Is the new constant maturity fund from ICICI Pru Life Insurance worth it?
📝 LIC Bina Ratna scheme: Invest Rs 166 PD and get up to Rs 50 lakh on maturity
📝 HDFC Life Insurance declares Rs 3660 crore bonus, 23.14 lakh policyholders to benefit
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🗎 General Insurance
📝 Can you increase your cover, sum assured for group insurance policy?
📝 How is a group term policy different from an individual term insurance? Kapil Mehta answers
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🗎 Health Insurance
📝 MediBuddy, Indel Money partners to provide unique health cover and services to gold loan customers
📝 How health insurance plans have changed since Covid 19: OPD, mental health, surrogacy, pay as you go and more
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🏦 SEBI
📝 SEBI working paper proposes special rights for REIT, InvIT unit-holders
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🗎 Pension Funds/PF
📝 No clarity on higher pension formula as deadline looms
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🗎 Mutual Funds / AMCs
📝 HDFC Mutual Fund launches India's first defence fund
📝 Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Value Fund
📝 Sectoral funds set to grow at faster pace driven by new launches, flows: LIC MF
📝 Be selective to beat volatility shockers in small cap mutual fund schemes, says Nitin Rao of Epsilon Money Mart
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