New Delhi, Feb. 1 -- In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced a significant policy change for the insurance sector.

The foreign direct investment (FDI) limit for insurance companies will be increased from 74 percent to 100 percent.

This enhanced limit will be applicable to companies that commit to investing the entire premium within India.

Additionally, the government plans to review and simplify the existing guardrails and conditionalities related to foreign investment in the sector, aiming to further ease investment processes and foster growth in the industry.

New Delhi, Feb 1 (KNN) In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced a significant policy change for the insuran...