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India Opens Insurance Sector to 100% Foreign Ownership

India has allowed 100% FDI in insurance through the automatic route, removing the requirement for prior government approval. Foreign investors must still obtain an IRDAI licence to operate, but can now fully own Indian insurance companies without a separate clearance.

India Opens Insurance Sector to 100% Foreign Ownership

India has notified 100% FDI in insurance companies under the automatic route, operationalising the Insurance Laws (Amendment) Act, 2025, which raised the cap from 74%. Foreign investors skip government approval but still need IRDAI clearance, and LIC remains capped at 20%.

India Opens Insurance Sector to 100% Foreign Ownership

India has notified 100% FDI in insurance under the automatic route, letting foreign investors fully own Indian insurers without prior approval. The change opens the door for JV buyouts and new entrants, though LIC retains its separate 20% FDI cap.

Irdai Holds 4% Cession Rate, Backs GIC Re

Irdai has held the mandatory reinsurance cession rate at 4% for FY27, requiring all general insurers to channel that share of premiums to GIC Re. The decision protects GIC Re's guaranteed premium base despite the entry of new domestic rivals Jio-Allianz Re and Valueattics Re, who must compete for discretionary business

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Tag

irdai

Centre allows 100% FDI in insurance via auto route

India has allowed 100% FDI in insurance through the automatic route, removing the requirement for prior government approval. Foreign investors must still obtain an IRDAI licence to operate, but can now fully own Indian insurance companies without a separate clearance.

1mo ago · 2 min · Policy & Government

Centre Notifies 100% FDI In Insurance Sector

India has notified 100% FDI in insurance companies under the automatic route, operationalising the Insurance Laws (Amendment) Act, 2025, which raised the cap from 74%. Foreign investors skip government approval but still need IRDAI clearance, and LIC remains capped at 20%.

1mo ago · 3 min · Policy & Government

Irdai keeps FY27 cession rate at 4%, backs GIC Re role

Irdai has held the mandatory reinsurance cession rate at 4% for FY27, requiring all general insurers to channel that share of premiums to GIC Re. The decision protects GIC Re's guaranteed premium base despite the entry of new domestic rivals Jio-Allianz Re and Valueattics Re, who must compete for discretionary business

2mo ago · 1 min · Policy & Government

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