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13Dec 2025

Cabinet Okays 100% FDI in Insurance

Cabinet Clears Bill For 100% FDI Insurance Why in the News ? The Union Cabinet approved the Insurance Laws (Amendment) Bill, 2025 to allow 100% Foreign Direct Investment (FDI) in the insurance sector, subject to domestic investment of premiums, aiming to deepen insurance penetration, boost infrastructure financing, and improve ease of doing business. Insurance FDI …

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09May 2024

INSURANCE SECTOR

Origin of Insurance Insurance can be traced back to ancient times, specifically to the Mediterranean merchants in the fourth century B.C., who issued bottomry bonds. These bonds were essentially early forms of insurance policies that protected cargo and ships against the perils of the sea. The fundamental premise of insurance is to spread the financial …

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