New Insurance Bill 2025: 'Sabka Bima Sabki Raksha Bill' cleared by Parliament; opens sector to 100% FDI
Parliament has cleared the new insurance bill, allowing 100% FDI in the sector. The "Sabka Bima Sabki Raksha Bill" aims to transform India's insurance landscape, making coverage more accessible and facilitating universal protection by 2047. Key amendments include sector-specific licenses and a shift to a regulation-led framework.
