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Govt Considers 100% FDI in Insurance Broking

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The government is considering allowing 100% foreign direct investment in insurance broking with a view to giving a boost to the sector and attracting more funds.The FDI policy, at present, allows 49% foreign investment in the insurance sector that encompasses insurance broking, insurance companies, third party administrators, surveyors and loss assessors as defined by DIPP. An official said representations have been made to the government that insurance brokers should be treated at par with other financial services intermediaries, where 100% FDI is permitted.
The Economic Times New Delhi,22th March 2017

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  1. Ruby18 April 2017 at 21:53

    The next time I read a blog, Hopefully it won't fail me as much as this one. I mean, Yes, it was my choice to read, but I genuinely thought you would probably have something helpful to say. All I hear is a bunch of whining about something you could fix if you weren't too busy seeking attention.
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