India considers 100% FDI in insurance brokers

Nicholas PrattOctober 3, 2018
Central-secretariat-government-building-Delhi-India

The Indian Government is reportedly considering removing a cap on the level of foreign ownership of its domestic insurance brokers, in a bid to boost the sector.

The current rules, from the Department of Industrial Policy and Promotion (DIPP), allow foreign insurers to own just 49% of any company...

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Nicholas PrattOctober 3, 2018
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