Policybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...

Executing a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...

The Unique Identification Authority of India has updated Aadhaar enrolment and correction rules. New regulations expand accepted documents ...

India has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...

"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...

The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...

SBI Life Insurance achieved its financial targets for FY26. The company is now prioritizing its protection business and agency channel. It ...

The finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...

The government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...

Congress leader Karti Chidambaram criticizes the government's proposed Delimitation Bill. He likens it to an insurance sales pitch where as...

With the groundbreaking shift allowing complete foreign ownership in India's insurance sector, a new chapter has unfolded. This initiative ...

The Indian government might postpone introducing the Insurance Amendment Bill, which proposes 100% FDI in the insurance sector, during the ...

The proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...

Finance minister Nirmala Sitharaman in budget 2021-22 said, "I propose to amend the Insurance Act, 1938 to increase the permissible FDI lim...

While up to 26 per cent foreign investment will be allowed automatically, government approval over that will be required.

The government is expected to table the crucial Bill in the current session of Parliament to amend the Insurance Act, 1938, which will noti...