The Sabka Bima, Sabki Raksha Bill, 2025, raises FDI in insurance to 100 percent to boost penetration and capital. It strengthens IRDAI’s powers and eases business norms. Gains include competition and innovation, but data privacy, profit outflows, and pressure on public insurers demand strong regulatory oversight.
Click to View MoreThe Insurance Laws (Amendment) Bill, 2025 aims to modernise India’s insurance sector through 100% FDI, stronger regulatory powers for IRDAI, easier entry for foreign reinsurers, and greater autonomy for LIC, but by excluding reforms such as composite licensing, lower capital norms, and captive insurers, it remains a significant yet incomplete step toward achieving higher insurance penetration and inclusive growth.
Click to View More
© 2026 iasgyan. All right reserved