Top Indian Insurance Industry News & Updates - 20 April 2026,Monday

🏭 Industry

Bharat Maritime Insurance Pool: Underwriting capacity to be created will be inadequate: Industry experts
Hyderabad: The underwriting capacity of The ₹950 crore to be created under Bharat Maritime Insurance Pool (BMI Pool) by the Centre is `inadequate’ but good for making a beginning, according to industry experts. 
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
Domestic maritime insurance pool to lower costs, build expertise in complex marine risks
Parliamentary committees on insurance must expand scope, sharpen focus
 
📝  Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session
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🗎 General Insurance

Insurance Query: Travel insurance for international students
Q. What are the key risks international students face while studying abroad, and how can student travel insurance help them manage these challenges? - Susan
Travel Insurance: Check these things before taking that summer vacay abroad
 
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🏦 SEBI

SEBI plans mandatory biannual workshops for independent directors
Mumbai: The Securities and Exchange Board of India (SEBI) has begun work on introducing mandatory, biannual workshops for independent directors, with attendance likely to be linked to their reappointment after completing a five-year tenure, according to people familiar with the development.
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🗎 Pension Funds/PF

EPFO shifts recruitment to IBPS after NTA exit, eyes annual hiring cycle
The Employees’ Provident Fund Organisation (EPFO) has roped in the Institute of Banking Personnel Selection (IBPS) to conduct direct recruitment as it seeks to address an “acute shortage” of staff, according to two people aware of the matter.
EPFO delays UPI-linked PF withdrawals to May-end amid final testing
 
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🗎 Mutual Funds / AMCs

Axis Mutual Fund’s New Defence Index Fund explained
The world is transitioning from a US-dominated unipolar world to a multipolar world order, in which nations such as India, China, Brazil, and Russia are gaining influence.
Top 3 consistent mutual funds in 3–5 years: SBI, Invesco, Aditya Birla funds deliver up to 34% CAGR
Consistency in mutual fund returns is often more valuable than short bursts of performance. While many equity funds deliver strong gains in one phase of the market cycle, only a handful manage to sustain that momentum across multiple timeframes.
📝  SBI CRISIL-IBX Financial Services 9-12 months bebt index
📝  Groww MF launches Arbitrage Fund
📝  Why Motilal Oswal’s BFSI fund is betting big on capital market ecosystem: Prateek Agarwal of Motilal Oswal AMC
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  IFC, others back Brookfield REIT's QIP
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