Bill, 2025 is set to be tabled in the Lok Sabha after receiving Union Cabinet approval. The Bill proposes raising the FDI limit in insurance to 100%, giving more powers to the regulator and greater ...
The Bill proposes amendments to three core pieces of legislation: the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Authority Act, 1999.
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 was introduced in the Lok Sabha on Monday, proposing ...
The Bill permits full foreign ownership and replaces rigid investment rules with regulator-led norms, making India’s insurance sector more competitive and globally ...
Industry leaders say the Insurance Amendment Bill strikes a rare Industry leaders from LIC and private insurers say the ...
Former IRDAI members Nilesh Sathe and Thomas Devasia explain the Insurance Amendment Bill, 100% FDI move, and why composite ...
The Union Cabinet on Friday (December 12) approved the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, ...
Cabinet clears Insurance Laws Bill 2025, opening doors to 100 per cent FDI and stronger regulation, but leaving out composite licences and key industry demands., Economy, Times Now ...
Among the major changes brought about by the Bill are empowerment of IRDAI to cap the commission to be given to the agent, ...
The bill seeks to amends three core laws—the Insurance Act, 1938; the LIC Act, 1956; and the IRDAI Act, 1999—to allow 100% ...
A new set of legal changes is designed to tighten rules around mis-selling, especially by making commissions more transparent and reducing conflicts of interest in distribution.
Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the Insurance Regulatory and Development Authority Act, 1999.
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