Insurance industry to maintain steady growth momentum: Max Life
Our VNB has grown 39% and our APE has grown 19% --these are industry top numbers---said Prashant Tripathy, MD & CEO, Max Life Insurance.
by The Economic Times Jun 10, 2021
Non-life insurers' premium income rise 11.35% YoY in May to Rs 12,316 cr
Month-on-month, premium income declines 28.84% from April levels
by Business Standard Jun 10, 2021
Life insurers report 5.5% decline in new premiums in May
The degrowth was largely on the back of slow business by Life Insurance Corp of India (LIC) in the month, even as some private sector insurers such as HDFC Life, Max Life and India First reported strong growth in the month albeit a lower base.
by The Economic Times Jun 9, 2021
Covid-19 second wave hits life insurers’ business but outlook is better
Data from the regulator showed that retail business growth for private life insurers was 5% in May on an annualized premium equivalent (APE), while government-owned Life Insurance Corporation of India (LIC) showed a contraction of 22%
by Mint Jun 9, 2021
General Insurance industry to see cautious growth in FY22: Icra
The PSU entities were slower to adjust to an online mode of growth, which resulted in a 2% YoY decline while the private sector reported an 8% YoY increase in GDPI during the same period
by Mint Jun 9, 2021
Sunil Subramaniam of Sundaram Mutual explains when is the right time to sell your investment
"The secret sauce to get rich is to set an ambitious goal and to liquidate when you reach the goal."
by The Economic Times Jun 9, 2021
Vinit Sambre of DSP Investment Managers is positive on economic upcycle; advises to remain invested in equity
Investors should avoid investing in the market with a short term view, say 1 year, due to low margin of safety in the markets due to expensive valuations currently.
by Moneycontrol Jun 9, 2021
Franklin Templeton to challenge Sebi order in Securities Appellate Tribunal
In response to the final report submitted by the Securities and Exchange Board of India in the matter of the shutting down of six Franklin Templeton schemes, the fund house has responded by saying that they will challenge the SEBI order in the Securities Appellate Tribunal.
by The Economic Times Jun 8, 2021
The 60-65% annual return clocked by healthcare mutual funds is not sustainable: DSP Mutual Fund
About 8-10 percent exposure to a healthcare scheme, within your overall equity funds portfolio, is enough says Chirag Dagli, who manages the DSP Healthcare Fund
by Moneycontrol Jun 8, 2021
Should cryptocurrencies like Bitcoin, Dogecoin, Shiba Inu be a part of your portfolio? Experts speak
Cryptocurrencies are suitable for aggressive investors who understand the risk involved with the investment. It's similar to investing in penny stocks, which may give extremely high returns in a short time, or you could lose the entire amount invested in them.
by Financial Express Jun 8, 2021
The ever-growing need for health insurance post-pandemic
One of the biggest challenges of COVID-19 is its huge treatment cost which can take a toll on the finances and mental well-being of different sections of society, especially the poor and the middle-class.
by Financial Express Jun 8, 2021
India's top listed AMCs ride rising market to beat Covid pandemic in FY21
Analysts expect momentum to sustain in the current financial year as equity flows rebound
by Business Standard Jun 7, 2021
Home treatment of covid-19 and insurance: 7 things to know
There is a difference between home care treatment and domiciliary treatment. Here are 7 common queries related to home treatment of coronavirus.
by The Economic Times Jun 7, 2021