It may be noted that the Parliament had passed the Sabka Bima Sabki Raksha (amendment of insurance laws) Bill, 2025 in ...

The government has allowed 100% FDI in insurance companies, enabling foreign investors to fully own Indian insurers under the ...

India has enacted landmark reforms in its insurance sector through the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 (Amendment Act) and the Indian Insurance Companies (Foreign ...

India has lifted all foreign ownership caps in its insurance sector, allowing overseas investors to own 100% of insurance companies without prior government approval. The reform aims to close the ...

The FEMA rule changes allow full foreign ownership in insurance companies and intermediaries, while keeping IRDAI oversight ...

Insurance companies can not time-restrict filing of insurance claims, the Bombay High Court has ruled in a case involving ...

The court emphasized the applicability of the Indian Contract Act, particularly section 28(b), which deems such time constraints void, directing the insurer to reimburse Menon with interest.

The Centre has allowed 100% automatic foreign investment in the insurance sector, including companies and intermediaries. The ...

India permits 100% FDI in insurance under automatic route with conditions, while retaining 20% foreign investment cap for LIC ...

Dec 17 (Reuters) - A committee of Indian lawmakers will hold discussions with four government-owned banks early next year under banking laws which among other things govern mergers and acquisitions, ...