Top Indian Insurance Industry News & Updates - 24 April 2025,Thursday
🏭 Industry
Former Insurance ombudsman Atul Jerath released his new book on policyholder challenges and systemic reforms
New Delhi: "The Insurance Ombudsman's Perspective" written by Atul Jerath was released on 17 April, 2025. The book's release also coincided with his birthday. The launch event, attended by family, friends, and colleagues from the insurance fraternity, marked the debut publication of a seasoned industry insider with over four decades of experience.
📝 BFSI firms outdo peers in overall employee satisfaction
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🗎 Life Insurance
Life insurers record marginal 5% rise in new premium collection in FY25
Life insurers’ new biz premiums up 5% in FY25
The Financial Express
📝 SBI Life Q4 preview: Up to 8% YoY growth seen in APE. Pressure likely in VNB, margins
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🗎 General Insurance
Non-life insurers’ gross direct premium up 6.11% at ₹3.07 lakh cr in FY25
According to GDP flash figures of non-life insurers released by the Insurance Regulatory and Development Authority of India on Wednesday, the GDP of general insurers grew by 5.10 per cent at ₹2,57,861 crore in the year under review compared to ₹2,45,343 crore in same period of previous year.
📝 Non-life insurance sector growth halved in FY25 amid industry weakness, Care Ratings reports
📝 SBI General Insurance FY25 PAT surges 112% YoY, outpaces industry growth
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🗎 Health Insurance
Star Health Insurance partners with Sunrisers Hyderabad as the official Health Insurance Partner in T20
Chennai: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's leading private health insurance provider, has partnered with Sunrisers Hyderabad (SRH) as their official health insurance partner for the ongoing T20 League 2025. Star Health Insurance is advancing its efforts to promote health and wellness through cricket and what better platform to partner with in the sports space. This partnership marks a meaningful step forward.
📝 Niva Bupa shares rally over 11% as Motilal Oswal initiates coverage with 29% upside potential
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🗎 Mutual Funds / AMCs
📝 Mutual fund industry's AAUM dips 1.25% on MoM basis, surges 21.32% on YoY: ICRA Analytics
📝 SEBI announces changes in cut-off timings for overnight mutual fund
📝 Groww Mutual Fund launches gilt fund
📝 Top AMCs eye Ather Energy IPO: SBI, Birla, Invesco among potential anchors
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🗎 Equities, Pvt. Equity / Hedge Funds
India gets largest PE investment in healthcare sector in Asia-Pacific region during 2024: Report
New Delhi: With 26 per cent of the deal volume, India has emerged as the largest private equity buyout in the healthcare sector in the Asia-Pacific region in 2024, said a report by the global private investment firm Bain and Capital.
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🗎 Govt Securities / Bonds
📝 Rate cuts bring investors to g-secs, flatten yield curve
📝 As equities wobble, bonds shine brighter: why is fixed income regaining favor with risk-averse investors
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