News Regulations02 Feb 2021

India:Higher FDI cap to widen sources of funding and access to knowhow for insurers -- Moody's

| 02 Feb 2021

India's Budget proposal to increase the foreign direct investment limit for insurers to 74% from 49% is credit positive, as it provides Indian insurers with new sources of funding and access to external knowhow that can improve their underwriting performance and unlock new operating efficiencies, according to a statement issued by Moody's Investors Service.

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