No. of Recommendations: 6
Global firms can now own 100% stakes in Indian insurers as part of a sweeping overhaul of the financial sector aimed at attracting more long-term foreign capital.
The government has also said that existing regulations and conditions governing foreign capital in the insurance sector would be reviewed and simplified.
Insurance penetration — the ratio of premiums to gross domestic product — is about 3.7% in India, well below other Asian countries including Thailand, Japan and South Korea, according to data from the local regulator.
https://www.bloomberg.com/news/articles/2025-12-17...Ajit Jain, who is from India, may be able to find new opportunities. In the past, they have declined to invest due to regulations and need to have domestic partners.
