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Gold Insurance in India: How Insurers Cover ₹50,000 Crore Jewellery Risks

Gold jewellery worth ₹50,000 crore is insured in India today. Banks and insurers have raised sum insured limits to ₹25 lakh per policy starting April 1, 2026.

Young LIC Agent Turns India’s Oldest Billionaire at 93: ₹5,200 Cr Net Worth

India’s oldest billionaire wasn’t born into wealth. Rajan Lall was a ₹500-salary salesman in Mumbai when he joined LIC as an agent on October 2, 1962. Six decades later, he is worth ₹5,200 crore. He started selling policies door-to-door in South Mumbai’s Worli Koliwada, where he lived in a 250 sq ft chawl.

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Gold Insurance in India: How Insurers Cover ₹50,000 Crore Jewellery Risks

Gold jewellery worth ₹50,000 crore is insured in India today. Banks and insurers have raised sum insured limits to ₹25 lakh per policy starting April 1, 2026.

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Gold Insurance in India: How Insurers Cover ₹50,000 Crore Jewellery Risks

Gold jewellery worth ₹50,000 crore is insured in India today. Banks and insurers have raised sum insured limits to ₹25 lakh per policy starting April 1, 2026.

Young LIC Agent Turns India’s Oldest Billionaire at 93: ₹5,200 Cr Net Worth

India’s oldest billionaire wasn’t born into wealth. Rajan Lall was a ₹500-salary salesman in Mumbai when he joined LIC as an agent on October 2, 1962. Six decades later, he is worth ₹5,200 crore. He started selling policies door-to-door in South Mumbai’s Worli Koliwada, where he lived in a 250 sq ft chawl.

ICICI Lombard Allots 8,807 Shares in ESOP Exercise

ICICI Lombard General Insurance allotted 8,807 equity shares to employees on April 2, 2026, via its employee stock option plan. The regulatory filing confirms the shares were issued at a ₹1 face value.

ICICI Pru Balanced Fund Equity Allocation Hits 5-Year High at 75%

The ICICI Prudential Balanced Advantage Fund now holds 75% in equities, a five-year peak. Fund manager S.N. Mahesh cites market corrections as the buying opportunity. This move directly affects the ₹12,500 crore fund's volatility and tax structure for investors.

Axis Bank Pumps ₹389 Cr into Axis Max Life — What It Means for Policyholders

Axis Bank raised its stake in Axis Max Life. ₹389 Cr injected into India’s 7th largest life insurer boosts capital adequacy. Policyholders face no immediate premium hikes.
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Gold jewellery worth ₹50,000 crore is insured in India today. Banks and insurers have raised sum insured limits to ₹25 lakh per policy starting April 1, 2026.
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