Why global insurance giants are rushing into India after 100% FDI reform
India’s insurance sector is entering what could be its biggest structural transformation since liberalisation in 2000. Within weeks of the government notifying 100% foreign direct investment (FDI) in insurance under the automatic route, global insurers and financial majors have accelerated their India plans through fresh joint ventures, stake hikes, acquisitions and exploratory discussions. Germany’s Allianz…
