Top Indian Insurance Industry News & Updates - 11 March 2026,Wednesday
🏭 Industry
How critical illness insurance protects families after a health crisis
New Delhi [India], March 10: In India, a health crisis doesn't just affect the patient; it affects the whole family. Work may stop, savings may get used up quickly, and emotional stress becomes even heavier when money worries enter the picture.
📝 Govt looking to help exporters on insurance front amid West Asia crisis
📝 Public Sector Banks earned almost Rs 30,000 crore in last 5 years by selling insurance, other 3rd-party products: Finance Ministry
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🗎 Life Insurance
Axis Max Life and Saarathi Finance announce strategic partnership to strengthen financial security for India's MSMEs
New Delhi, Delhi, India (NewsVoir) Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited (“Axis Max Life”/ “Company”) has entered into a strategic Corporate Agent partnership with Saarathi Finance and Credit Private Limited (“Saarathi Finance”), a next-generation greenfield non-banking financial company (NBFC) focused on bridging the credit gap for India’s Micro, Small, and Medium Enterprises (MSMEs).
US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit
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🗎 General Insurance
GIC Re war-risk curbs over West Asia war expose cracks in marine insurance
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🗎 Health Insurance
📝 Common empanelment of hospitals to advance in 6–12 months: Mayank Bathwal, CEO, Aditya Birla Health Insurance
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🏦 SEBI
SAT upholds Sebi order against Sahara group firm in ₹14,106-crore OFCD case
📝 Sebi allows investments in retirement fund and children fund till March 31
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🗎 Pension Funds/PF
EPFO pension rules: Settlement in 20 days, but here’s why many EPS claims still get rejected
For millions of salaried employees in India, retirement savings are built through the provident fund system managed by the Employees’ Provident Fund Organisation (EPFO). Every month, both the employee and employer contribute 12% of basic salary to the provident fund.
Changed your mind about an EPF nominee? Here is how to update it online
📝 AIFs could get upto Rs 17,000 crore after PFRDA opens NPS door
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🗎 Mutual Funds / AMCs
Monthly SIP contributions decline by 4% in February
The mutual fund industry saw a 3.9% month-on-month drop in collections through systematic investment plans in February – from Rs 31,002 crore to Rs 29,845 crore. This was the first monthly drop since November. The contributing SIP accounts have also seen a decline of about 4.8 million from 99.2 million to 94.4 million.
Amfi to approach Sebi over discontinuation of solution schemes
AMC stocks: Aditya Birla Sun Life zooms 20%; ICICI Pru, Nippon Life soar 6%
Equity mutual fund inflows rise 8% in February on lower redemption
📝 The gap between mutual fund returns and what investors actually earn
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Kedaara Capital gears up to sell Universal NutriScience for Rs 3,000 crore
📝 NIIF raises $750 million for its second private market fund
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✈ International News
Goldman pitches hedge funds on strategies to bet against corporate loans, FT reports
Investment banking giant Goldman Sachs has pitched hedge funds on strategies to short corporate loans, the Financial Times reported on Monday, citing people familiar with the matter.
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