IRDAI takes 856 regulatory actions in FY24
The IRDAI took 856 regulatory actions, including penalties, against insurers in FY24, as informed by Finance Minister Nirmala ...
India's Insurance Revolution: 100% FDI and Its Implications
With insurance penetration in India standing at 3.7% in FY 2023-24, well below the global average (6.8%), US (12%) and China ...
Budget 2025: How 100% FDI will benefit the Indian insurance industry
The government seeks to fully unlock the potential of India's insurance industry, and has announced opening up of the sector ...
Irdai steps up scrutiny of insurers exceeding expenses cap
Irdai has initiated quarterly monitoring for eight insurers exceeding their 30% expenses of management limits to enforce ...
Draft bill seeking 100% FDI in insurance to be sent to Cabinet soon: DFS
The finance ministry will soon send the draft bill seeking to increase FDI limit in the insurance sector to 100 per cent to ...
Govt plans Bill to grant more autonomy to LIC, allow composite licensing in insurance sector
On the Insurance Bill we have consulted stakeholders, and we have finalised the draft. It is likely to be introduced in the ...
ahmedabadmirror13d
FDI limit in insurance sector raised from 74% to 100%
The Finance Minister has proposed to raise the foreign investment limit to 100% in the insurance sector as part of ...
IBEF11d
The government allows 100% Foreign Direct Investment (FDI) in insurance companies in a move that could attract more players, help increase penetration
India raises Foreign Direct Investment (FDI) limit in insurance to 100%, aiming to boost capital inflows and expand industry growth.
Your Story13d
India’s insurance market set for major overhaul with 100% FDI
The removal of the FDI cap in the insurance sector is expected to ease long-standing challenges for global insurers and ...