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INSURANCE AMENDMENT ACT
Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...- Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
- Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
- Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
- New Aadhaar card rules 2026: UIDAI expands document list for enrolment; simplifies rules for children; sets Aadhaar validity period for OCI, LTV, foreignersThe Unique Identification Authority of India has updated Aadhaar enrolment and correction rules. New regulations expand accepted documents ...
- Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
- Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
- India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
- SBI Life delivers on guidance, targets double-digit protection share in medium termSBI Life Insurance achieved its financial targets for FY26. The company is now prioritizing its protection business and agency channel. It ...
- Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
- Govt may hike FDI limit in pension sector; Bill likely in Monsoon SessionThe government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...
- 'Delimitation Bill like a 'sales pitch' of insurance salesman': Karti ChidambaramCongress leader Karti Chidambaram criticizes the government's proposed Delimitation Bill. He likens it to an insurance sales pitch where as...
- Allowing 100% FDI opens door for new players, expansion in insurance sector: R Doraiswamy, LICWith the groundbreaking shift allowing complete foreign ownership in India's insurance sector, a new chapter has unfolded. This initiative ...
- Insurance Amendment Bill proposing 100 per cent FDI unlikely in winter sessionThe Indian government might postpone introducing the Insurance Amendment Bill, which proposes 100% FDI in the insurance sector, during the ...
- LIC may look at composite licence after passage of Insurance Laws (Amendment) BillThe proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...
- Cabinet clears amendments to Insurance Act for raising FDI to 74%Finance minister Nirmala Sitharaman in budget 2021-22 said, "I propose to amend the Insurance Act, 1938 to increase the permissible FDI lim...
- Insurance amendment bill to be passed in RS todayWhile up to 26 per cent foreign investment will be allowed automatically, government approval over that will be required.
- Insurance Bill to be tabled this sessionThe government is expected to table the crucial Bill in the current session of Parliament to amend the Insurance Act, 1938, which will noti...
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