FDI policy on Insurance sector has been revised so as to enhance foreign equity in Insurance Sector to the extent of 74% and Intermediaries or Insurance Intermediaries including insurance brokers, re-insurance brokers, insurance consultants, corporate agents, third party administrator, Surveyors and Loss Assessors and such other entities, as may be notified by the Insurance Regulatory and Development Authority of India from time to time upto 100% through automatic route.
[Press Note No. 2 dtd 14th June 2021]
