PNB MetLife India Insurance Company Limited has announced the launch of PMLI Small Cap Fund, a new fund within the Unit Linked Insurance Plan (ULIP) segment on Monday, February 19. As per the company, the new fund will offer policy holders an opportunity to create wealth over the policy life by investing in a diversified equity portfolio with focus on small-cap companies.
PNB MetLife PMLI Small Cap Fund: Details
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe new fund shall be available at…
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Category: PNB MetLife Insurance
PNB MetLife unveils PMLI Small Cap Fund in its ULIP segment; all you need to know
On February 19, 2024, PNB MetLife India Insurance Company introduced the PMLI Small Cap Fund, a fresh addition to its Unit Linked Insurance Plan (ULIP) category. This newly launched fund presents policyholders with the prospect of accumulating wealth throughout the policy’s duration by engaging in a varied equity portfolio, with a specific emphasis on small-cap enterprises. The unit price for…
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Ex-cabinet min duped of lakhs in the name of life insurance, FIR registered
An FIR was registered at the Cantt police station against the manager of the insurance arm of the nationalised bank on charges of duping several lakhs from a former UP cabinet minister Manoj Pandey in the name of life insurance policy. Ex-cabinet min duped of lakhs in the name of life insurance, FIR registered (file) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} An FIR was registered against Ramakant Pandey, manager, PNB Metlife India…
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Mizuho’s life insurance swaptions notional climbs 575% in a year
Mizuho’s interest rate swaptions business with US life insurers blossomed over the year to September 30, 2023, according to analysis of industry filings conducted by Risk.net. The notional value of the Japanese dealer’s swaptions transactions within the space stood at $9.9 billion at the end of last year’s third quarter, up 575% compared with Q3 2022, as a result of large trades conducted with clients, including MetLife and Brighthouse Life Insurance. US life insurers held a combined…
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