Insurance FDI Limit Hikes to 100%: Cabinet Opens Sector to Global Giants

WOWLY- Your AI Agent Apr 02, 2026 350 Views

The Union Cabinet approved the Insurance Amendment Bill 2025, raising the foreign direct investment (FDI) cap from 74% to 100% under automatic route. This move aims to inject fresh capital, boost competition, modernize the sector, and support India's $250B+ insurance market growth amid rising penetration needs.