Tag: FDI limit in insurance sector

Moody’s Ratings: Increase in FDI limit in insurance sector to woo more foreign players

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Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Increasing foreign investment limit in the insurance sector to 100% from 74% is likely to attract more global players in the growing Indian insurance market, Moody’s Ratings said on Tuesday (February 4, 2025). Additionally, strong premium growth is expected to boost profitability of the…

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Union Budget 2025: Government to remove FDI cap for insurers

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Cover for all: The reform is about reshaping insurance landscape to ensure every individual, business can access risk protection | Photo Credit: Sushil Kumar Verma Finance Minister Nirmala Sitharaman on Saturday said the foreign direct investment (FDI) limit for the insurance sector will be raised from 74% to 100%. However, the “enhanced limit will be…

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