The Indian government is planning to introduce changes to the regulations governing the insurance sector.
The legislative reforms will cover the relaxation of minimum capital requirements, the licensing of composite companies (life and non-life) and the marketing of financial products.
The revised law is expected to boost the Indian insurance market [4], which is becoming increasingly attractive to foreign investors.
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-201-june-2023
[4] https://www.atlas-mag.net/en/article/indian-insurance-martket