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India Insurance Industry Foreign Investment

Mayer Brown

India Proposes to Remove Foreign Direct Investment (FDI) Limit in Insurance Sector

Mayer Brown on

India's insurance sector is poised for a major transformation following the Finance Minister of India’s February 1, 2025 announcement of a proposal to increase the FDI limit in the sector from 74% to 100%. This development...more

Troutman Pepper Locke

Proposed Increase in Foreign Investment in India’s Insurance Sector

Troutman Pepper Locke on

Following her party’s major victory in national elections, Indian Finance Minister Nirmala Sitharaman presented the draft budget of Indian Prime Minister Narendra Modi’s government to the Indian Parliament. The draft budget...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Indian Insurance Sector Welcomes Foreign Investment With Limits on Control"

As part of the Indian government’s plans to encourage foreign investment, in 2015 it increased the foreign ownership cap in the Indian insurance sector from 26 percent to 49 percent. The increase, however, did not affect the...more

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