Indian Insurance Industry News & Updates
LIC launches Nav Jeevan Shree & Nav Jeevan Shree Single Premium plans
Mumbai: Sat Pal Bhanoo, CEO & MD (In-Charge), Life Insurance Corporation of India launched new plans, LIC’s Nav Jeevan Shree (UIN: 512N387V01) and LIC’s Nav Jeevan Shree Single Premium (UIN: 512N390V01) on 04.07.2025. The two new Plans launched are combinations of savings and protection and are specially designed to generate an adequate corpus to meet various needs of our life cycle. The purpose of LIC’s Nav Jeevan Shree (Plan 912) is to cater to the all the needs of individuals specifically of younger generation who wish to fulfill their dreams, goals, responsibilities and also provide security.
LIC’s Nav Jeevan Shree (Plan 911) – A Single Premium policy is meant for building corpus along with providing life insurance. In the current environment when interest rates are very volatile, these two Plans provide Guaranteed Additions throughout the policy term.
Indian insurers urge IRDAI to revamp bond valuation to boost debt market
Indian insurers have asked their regulator to revamp bond valuation norms, according to people familiar with the matter, a move that could encourage greater participation in the corporate debt market.
No insurance claim for reckless driving, says SC: Read fine print carefully
Sebi bans Jane Street, impounds $566.3 million for manipulating Nifty index on expiry days
Mumbai: The capital markets watchdog Securities Exchange Board (Sebi) has debarred the US proprietary trading firm Jane Street Capital from accessing the securities markets, and has impounded as much as $566 million for its illegal gain from manipulating the Nifty index.
As MFs gear up to launch SIFs, distribution takes the centre stage
Five fund houses — SBI, Edelweiss, Quant, Mirae, and ITI — say they have initiated discussions with key distribution verticals, including wealth management firms, banks, and national and individual MF distributors (MFDs).
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