Indian Insurance Industry News & Updates - October 2024
BS BFSI Summit: PEs on way to become mainstream in India: Industry leaders
Mumbai: Private equity (PE) firms have emerged as the largest contributors to foreign direct investment (FDI) in India and are playing a significant role in job creation, senior industry leaders said on Thursday.
Sectoral ETFs: Invest if you anticipate turnaround in beaten-down sector
BS BFSI Summit: Bima Sugam to transform insurance sector, says industry
We should've competing pension products: PFRDA Chairperson S Ramann
Mumbai: The insurance and pension laws are “joined at the hip”, and the Centre’s move to allow 100 per cent foreign direct investment in the insurance sector could also pave the way for global pension fund managers to enter the market without joint venture partners, Pension Fund Regulatory and Development Authority (PFRDA) Chairperson S Ramann said in a fireside chat with Vikas Dhoot. The regulator is also considering an idea to permit smaller pension fund houses, on the lines of small finance banks regulated by the Reserve Bank of India.
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BFSI Summit: General insurers call for norms to navigate climate disasters