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Parliament passes insurance Bill

Financial Express Chandigarh

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December 18, 2025

PARLIAMENT ON WEDNESDAY passed a Bill to raise foreign direct investment (FDI) in the insurance sector to 100% from the current 74%, a move expected to attract higher foreign capital inflows, support the adoption of global governance and innovation standards, and deepen insurance penetration in the country.

- FE BUREAU

The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 was cleared by the Rajya Sabha through a voice vote, a day after it was passed by the Lok Sabha.

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