by AIP Online Bureau | May 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
All the equity-oriented categories received net inflows in April with sectoral/ thematic funds category being the biggest beneficiary with a net inflow of Rs 3,843 crore. The segment also saw a launch of a new fund — ICICI Prudential Housing Opportunities Fund,...
by AIP Online Bureau | May 10, 2022 | Indian News, Life
The largest insurer, state-owned LIC’s first year premium or new business premium more than doubled (at 141 per cent rise) to ₹ 11,716 crore as against ₹ 4,856.76 crore in April 2021, the Insurance Regulatory and Development Authority of India (IRDAI) said LIC...
by AIP Online Bureau | May 10, 2022 | Indian News, Life, Wealth Management/ Philanthropy
In the unofficial market, shares of the insurance major exchanged hands at a minuscule premium of Rs 8-10 per share over the issue price, which is 90 per cent below the premium of Rs 100-105 per share it commanded a week earlier Mumbai: As the much-awaited initial...
by AIP Online Bureau | May 10, 2022 | International News, Life, Reinsurance
Lilian Ng, Chief Executive, Insurance, Prudential Prudential’s customers in some Asian markets can now nominate a wider range of family members who are financially dependent on them as a beneficiary in a life insurance policy. Additionally, coverage can also be...
by AIP Online Bureau | May 10, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy
As manufacturer to the world, the disruptions in China are weighing on the global economy and add another risk to the inflation picture Maersk, the world’s second-largest shipping company, has suggested that the lockdown will severely impact truck services and...
