Covid Carnage: IRDAI urged to increase time limit for submission of insurance claim documents
The resurgence of Covid-19 pandemic has hit the nation like a tsunami that has thrown the grossly under prepared health system out of gear.
by Source: Financial Express Apr 30, 2021
Sebi forcing asset allocation, savings discipline on MF executives: Radhika Gupta
“I cannot mandate that employees save a certain amount of money that they cannot access for three years.”
by Source: ET Apr 30, 2021
LIC has now become tenth-most-valuable insurance brand globally
The total value of the world's top 100 most valuable insurance brands declined 6% in 2021 from a year earlier. But LIC's brand value increased by almost 7%
by Source: Business Standard Apr 30, 2021
Insurers should reimburse medical treatment at home when hospital beds unavailable: View
Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to claim insurance reimbursement for such home care howsoever justifiable it may be.
by Source: ET Apr 29, 2021
FDI in insurance: Need to ensure transparency in operations
Shaking off a languid approach to regulation in crucial areas and developing transparency in operations are keys to enable FDI and enhance insurance penetration.
by Source: Financial Express Apr 29, 2021
PF, FDs, gold loans, mutual funds all point to Covid effect on financial health
There has been a major dip in contribution to the EPFO during the last financial year
by Source: TOI Apr 29, 2021
Don't discriminate between patients with cash, cashless insurance policies: IRDA tells hospitals
The IRDA missive comes amid reports that some families of COVID-19 patients were allegedly forced to opt for cash payment for settling hospital bills despite having cashless insurance policies
by Source: Mint Apr 29, 2021
HDFC AMC’s steady market share erosion worries investors
On a quarterly average asset under management basis, the fund house’s share stood at 16.7% in March, down from 17.2% in December and 16.9% a year ago
by Source: Mint Apr 29, 2021
SBI General Insurance to bear cost of COVID vaccination for active agents, POSPs
"It's certainly commendable to witness our own COVID warriors i.e. our channel partners, who have stood firm and helped the organisation navigate the uncertain environment," SBIG's managing director and CEO PC Kandpal said.
by Source: ET Apr 28, 2021
Aditya Birla Mutual Fund, headed for a listing, has one missing ingredient
Aditya Birla Sun Life Mutual Fund is the only fund house among the top five that doesn’t have a bank as a parent or sibling
by Source: Mint Apr 28, 2021
Debt MFs confident of surfing Covid-19 2nd wave despite corporate defaults
Industry players say shift to high-quality paper will help them tide the turmoil
by Source: Business Standard Apr 28, 2021
Investors oppose Nippon Asset Management chief's remuneration offer
About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution
by Source: Business Standard Apr 28, 2021
Use every sharp dip to top-up investments: Jinesh Gopani of Axis Mutual Fund
Equity mutual fund investors made handsome returns last year. However, they continue to be extremely concerned about the future course of the market.
by Source: ET Apr 28, 2021
SIP Surge: Are conservative FD, PF investors also investing in mutual funds?
The SIP inflow of Rs 9,182 crore witnessed in March 2021 was a robust one in comparison to the total SIP inflow of Rs 7,528 crore in February 2021.
by Source: Financial Express Apr 27, 2021
HDFC Life Insurance Q4 net profit rises 2.3% to Rs 319 crore
HDFC Life's Value of New Business (VNB) increased by 14 percent YoY to Rs 2,185 crore.
by Source: Moneycontrol Apr 27, 2021