Despite reduced economic growth, the insurance sector has grown at a healthy 9.7% in 2020-21 with the growth of life insurance at 11.2% and non-life segment at 5.2%, said Subhash C Khuntia, Chairman, IRDAI. Khuntia is set to retire from the position of Chairman.
In his letter to insurance companies, Khuntia shared three trends that will shape the future of the Indian insurance industry. They are followed as:
1.Demography of the country with a predominantly young population is likely to persist for several years. These individuals can be potential customers for the insurance industry
2.Potential of high economic growth would improve affordability of insurance policies
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Tips to create wealth over long term by investing in mutual fund SIPs
Mutual fund has emerged as a popular investment option for meeting the longterm goals. The popularity of mutual funds is increasing day by day because of simplicity, transparency, and as a cost-effective tool to generate a high return compared to other investment options.
Investing in debt mutual funds: Things to consider before you invest in them
The interest rate has been falling creating a precarious situation for the senior citizens and retirees. Fixed-income investments are providing low yields and thus retirees are finding it difficult to manage their regular income needs.
01. Insurance sector has grown at a healthy 9.7% in 2020-21
Ask the Expert
Q Dear Sir, I am going to retire from my private company service after one year. I will not get any pension and my monthly expenses are expected to be around Rs. 50,000/-. How much retirement corpus I must accumulate to ensure that I am able to meet my expenses? -Ajay Sahni, Kanpur
MUTUAL FUND NEWS
01.Key officials in AMCs to get 20% salary in the form of MF units: SEBI
Health Insurance amid Covid-19: Know about plans, coverage, home care treatment and claim process
The Covid-19 pandemic in the country is having a big toll on the health and lives of the population. While it may too early to estimate the extent of damage to the economy, some of the impacts on personal finances may already be seen.
Should you bet on dividend yield funds?
One value-oriented mutual fund category that has made a comeback over the past year or so is dividend yield funds. The category has given investors an average return of 68.9 per cent over the past year.
Natural Ways To Prevent And Cure Diabetes
Diabetes is becoming an epidemic in India and everywhere. Diabetes is commonly known as the ‘high sugar’ problem. Currently, a fasting blood glucose (sugar) level of 126mg% or more is defined as diabetes. The blood glucose level is normally kept in range by a hormone called insulin, which is produced from the pancreas. Insulin controls blood glucose levels by allowing glucose to enter the cells so that it can be used as fuel by the body.
5 Mutual Fund Features To Help You Build A Robust Investment Portfolio
It has been a blockbuster performance of equity mutual funds in 2020-21. The return generated by most equity mutual fund schemes in the last 12-months has been nothing short of a spectacular performance.
How To Start Investing In Mutual Funds?
When you begin investing in mutual funds for the first time, you must take each step with a lot of care. Your initial experience must be pleasant so that you feel encouraged to keep on investing for your entire lifetime.
FROM HIS PLACE
Vincent Audio SV-737
Umbra Via is an abstract silent auction, tile-laying, and area control game; an unusual blend that results in a challenging strategy game.
Blood, Sweat & Tears began as Al Kooper’s dream of a rock band with horns. By the time he realized the concept—on the band’s 1968 debut, Child Is Father to the Man—it had become much more: an engaging hybrid of New York soul, Greenwich Village folk, and innovative jazz arrangements. With producer John Simon at the helm, Child was a virtual definition of the possibilities inherent in the heady musical experimentation of the late 1960s. Kooper’s writing and arranging for that record (including the monumental “I’ll Love You More Than You’ll Ever Know,” later a hit for Donny Hathaway) is one of the high points of his storied career. The record was justifiably praised as the conceptual breakthrough it was, and work had already begun on a follow-up when the band decided it needed a lead singer with more polish. Kooper left the group along with a couple of other key members.
QWIXX: How to Avoid Being Rolled by Luck
Maybe you’ve played Gamewright’s popular dice game QWIXX, but have you considered that you may not be maximizing your chances of victory? Whether you’re playing the dice or card version, understanding your options to maximize your point output can be the difference between a sizeable defeat or a close victory. Below you’ll find some tips to help you turn the luck of QWIXX in your favor. But first, a refresher on (or introduction to) the basic rules of the game...
Pumpkin Spiced Latte Cardi
This versatile cardigan combines comfort and style into a warm, heavy sweater. You’ll love throwing this on as you head out on a cool fall evening or wearing it inside on those cold winter days!
Michi by Rotel M8
TINY EPIC GALAXIES: BLAST OFF!
A new take on Tiny Epic Galaxies, this is a smoother and more streamlined version of the original, featuring excellent components.
Autumn Attractions Garland
The crisp magic of autumn blankets the ground with an abundance of leaves, pumpkins, and acorns. Display the fall foliage indoors by adding made-to measure garland to your mantel or staircase rail.
It’s rare for a Stereophile reviewer to review two loud-speakers in a row from the same manufacturer, but then these are unusual times. Because of the pandemic, Magico’s M2s got stuck here for a year (I know: poor me). By the time they were packed up and shipped out, it was time for a long-scheduled review of the less-expensive, more-massive Magico A5 ($24,800/pair).