The Indian government has notified a policy allowing 100% foreign direct investment in private insurance companies and intermediaries through the automatic route, up from the previous 74% cap. The ...
Before this, 100 percent FDI was allowed under the automatic route in the e-commerce marketplace model, but not in its inventory-based model.
The growing interest by global insurers to be apart of India's insurance landscape comes after operationalisation of the 100% foreign direct investment (FDI) policy in the insurance sector earlier ...
India has approved 100% foreign direct investment in insurance companies and intermediaries under the automatic route, following amendments to FEMA rules. The change excludes LIC from the full cap, ...