India Approves 100% Foreign Direct Investment in Insurance Sector: A Major Reform for Market Growth

Dec 13, 2025 01:38 pm CST

The Indian Union Cabinet has approved a landmark bill to increase foreign direct investment in the insurance sector from 74% to 100%, aiming to enhance market penetration, accelerate industry growth, and improve ease of doing business. The Insurance Laws (Amendment) Bill 2025 includes provisions for policyholder protection, requires top management positions to include Indian citizens, and forms part of comprehensive reforms to achieve 'Insurance for All by 2047'.