Cabinet to discuss Insurance Amendment Bill: Big changes for insurance in India?

Business Dec 11, 2025

The Union Cabinet is set to review the Insurance Amendment Bill this Friday.
If passed, it could allow 100% foreign investment in Indian insurance companies—up from the current limit.
This move is part of the government's push for "Insurance for All by 2047," aiming to make coverage more accessible across the country.

What's in it for you?

With more global players and fresh capital, expect better insurance products, smarter pricing, and improved services.
Industry leaders say opening up to full foreign ownership could bring in new tech and expertise—Narendra Bharindwal called it a chance for "global capital, innovation, technology and specialized underwriting skills."
Supporters believe these changes will boost competition and help more people get insured.