The Parliamentary approval of the Insurance Amendment Bill is a defining moment for India’s insurance ecosystem. Allowing 100% FDI is not merely a capital-inflow opportunity; it fundamentally enhances the sector’s ability to underwrite larger and more complex risks, build long-term technical capacity, and bring global standards of governance and innovation into the Indian market.

As Bharat moves toward becoming a $10-trillion economy, the scale and complexity of risks are rising faster than ever. This reform directly addresses the industry’s long-standing need for stronger balance sheets, enabling insurers to invest meaningfully in advanced underwriting, digital infrastructure, and climate-resilient risk solutions.

For customers, this will translate into more sophisticated products, faster and more efficient claims processes, and greater confidence in the sector’s ability to support India’s development agenda. At IndusInd General Insurance, we see this as a strategic inflection point, one that positions the industry to play a pivotal role in strengthening national resilience and expanding protection coverage across every segment of society.

Rakesh Jain, CEO, IndusInd General Insurance Company Limited