Rajneesh Jha (Financial Wellness)
Rajneesh Jha (Financial Wellness)
February 3, 2025 at 12:24 PM
Will 100% FDI Keep Foreign Insurers in India? Or Is It Too Late? 📌 2001:India opened its doors to private insurers. Foreign players rushed in, partnering with Indian firms to tap into a booming market. 📌 Present Day:Many of these foreign players are pulling out. Why? Indian insurers have grown up!🚀 They no longer rely on their foreign partners—just look at Kotak, DHFL, Zuno and Acko etc. 🏛️ The Government’s Tug-of-War with Foreign Insurers To keep foreign players engaged, India tweaked its Insurance Laws multiple times: ✅ 2015: FDI cap raised from 26% to 49%, but Indian control was mandatory—foreign firms found this restrictive. ✅ 2021: FDI limit increased to 74%, but only 3-4 insurers actually allowed foreign partners full ownership. Read More here:- https://x.com/rajneesh__jha/status/1886387680990183859?s=46

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