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INSURANCE AMENDMENT BILL
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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...
NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...
Insurance Amendment Bill likely to be introduced in Winter session: FM SitharamanFinance Minister Nirmala Sitharaman indicates the Insurance Amendment Bill may come to Parliament soon. The bill proposes 100 percent FDI i...
Finmin targets to introduce Insurance Amendment Bill in Parliament during monsoon sessionThe Insurance Amendment Bill, allowing 100 percent FDI, may soon be introduced in Parliament. The finance ministry aims to table the bill d...
Insurance Amendment Bill may be referred to select panel for reviewThe government plans to refer the Insurance Amendment Bill, proposing 100% FDI in the insurance sector, to a parliamentary committee to add...
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 ...
Finance ministry opts to simplify Insurance Act first; industry awaits reformsThe objective of this exercise is to simplify and remove references to outdated provisions. While the industry was looking for major reform...
General Insurance Amendment Bill: What it is about, and why the uproar over itAccording to the government, the need arose to address such matters as (a) push for higher private participation in public sector insurance...
Government introduces insurance amendment bill in Rajya SabhaThe Insurance Amendment Bill, 2021 was introduced by Finance minister Nirmala Sitharaman. Last week, the Cabinet had given its nod for the ...
Insurance Amendment Bill passage to boost foreign investment: Industry"The passage of Insurance Amendment Bill in Rajya Sabha marks a new beginning for the Indian insurance sector," FICCI Director General Arbi...
Rajya Sabha may take up Insurance amendment bill on MondayThe bill was listed for discussion and passage in the upper house on Thursday. It is now expected to be taken up on Monday, finance ministr...
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.
- Hope to get Insurance Bill passed soon: FM P Chidmabaram
FM today expressed the hope that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.
Insurance amendment bill not to be taken up in Winter SessionInsurance amendment bill, which seeks to raise the FDI cap in the private sector insurance companies to 49 per cent from 26 per cent, is ex...
- Par panel to soon give recommendation on Insurance Bill: Finmin
The Finance Ministry today said the Parliamentary panel is expected to give recommendations soon on the insurance amendment Bill.