Bill to allow 100% FDI in insurance passed by Parliament

The Rajya Sabha on Wednesday passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, raising the FDI limit in the insurance sector to 100%. The Bill was cleared by a voice vote in the upper house, a day after its passage in Lok Sabha. Earlier, foreign direct investment in insurance was capped at 74%.