Top Indian Insurance Industry News & Updates - 12 July 2025,Saturday
🏭 Industry
IRDAI flags lapses in health insurance claims, issues show-cause notices, says Report – Here are 8 insurers under scrutiny
The Insurance Regulatory and Development Authority of India (IRDAI) has initiated the process to issue show-cause notices to eight insurance companies due to irregularities detected in their health insurance portfolios, a CNBC TV18 report stated citing sources.
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🗎 Life Insurance
Sales of life insurance policies drop 10% in Q1FY26, shows data
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🗎 General Insurance
📝 Motor insurance claims: Report theft quickly to aid investigation, recovery
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🗎 Health Insurance
📝 Premium healthcare & lifestyle diseases driving health insurance premium hikes: Universal Sompo MD Sharad Mathur
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🏦 SEBI
200 companies under SEBI’s scanner, investigation against pump and dump: Report
The Securities and Exchange Board of India (SEBI) is launching a massive investigation against pump and dump operations on the stock market. According to a NDTV Profit report, SEBI is investigating about 200 listed private companies that are suspected of inflating stock prices and offloading on retail investors.
📝 BSE shares decline 4% on reports of Sebi expanding probe into Jane Street to Sensex options
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🗎 Mutual Funds / AMCs
ICICI Prudential AMC Mega IPO: Everything you need to know about India’s second-biggest financial issue this year – Big money. Big moves
What does it mean when one of India’s largest asset managers decides to go public? Is this just another IPO or a rare window into the engine room of India’s booming mutual fund industry? ICICI Prudential Asset Management Company – the joint venture between ICICI Bank and UK-based Prudential – has officially filed its draft papers, setting off a wave of speculation and anticipation on Dalal Street.
Mutual funds flood market with new fund offers
Mumbai: Mutual funds are riding on the bullish sentiments in the primary markets, not just by investing in them, but also attracting some investments by launching a spate of new fund offers. Currently, there are 18 new fund offers of MFs waiting to be grabbed by investors, and this trend is likely to gain momentum, with new entrants in the asset management space launching NFOs in the next few months.
Kerala well-positioned for mutual fund growth with disciplined saving habits: AMFI
Kerala’s mutual fund assets under management (AUM) have touched ₹94,829.36 crore as of May 31, 2025 representing 1.3 per cent of the country’s total AUM of ₹72.19 lakh crore. As of March 2024, the AUM was ₹65,122 crore. Venkat Chalasani, Chief Executive, Association of Mutual Funds in India (AMFI) said the State is steadily deepening its presence in India’s mutual fund landscape, thanks to investors rising financial awareness, growing digital access and a strong culture of savings.
📝 Mutual fund SIP AUM crosses Rs 15 lakh crore mark in June, constitutes 20% of industry AUM
📝 How much money did ICICI Prudential’s star fund manager Sankaran Naren make in FY25?
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🗎 Equities, Pvt. Equity / Hedge Funds
PEs head to classroom, seeing value in education
When private equity firm Kedaara Capital backed Orchids International School in 2023, it marked more than just another cheque in India’s fast-growing education sector. It was part of a deeper shift, showing private equity (PE) investors are now doubling down on the education sector, betting that the future of education lies in scalable platforms, brand consolidation, and hybrid models that blend classrooms with technology.
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🗎 Govt Securities / Bonds
📝 SBI board to meet July 16 to consider Basel III bond fundraising
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✈ International News
📝 Red Sea insurance soars after deadly Houthi ship attacks
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