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Centre clears path for 100% FDI in insurance via automatic route
Economy
Published on 2 May 2026
Approval still required from IRDAI despite auto route
The Centre has allowed 100% FDI in the insurance sector through the automatic route, a major shift from tighter entry conditions. The move keeps FDI subject to the Insurance Act, 1938, and requires companies receiving foreign investment to obtain the necessary licence or approval from IRDAI to undertake insurance and related activities.
- 100% FDI in insurance cleared under the automatic route
- Investments remain subject to the Insurance Act, 1938
- IRDAI licence or approval is still mandatory for players
- Companies can proceed faster, but regulatory compliance stays key
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times