Log in or register
Share on LinkedInShare on LinkedIn

VIDEO · 11 DECEMBER 2025

A Leap For Reform: Expected Changes For The Insurance Sector (Video)

JSA Advocates & Solicitors
JSA Advocates & Solicitors
Contributor
JSA Advocates & Solicitors

JSA Advocates & Solicitors

Established in 1991 Our services: JSA is a leading law firm in India with more than 600...

View firm profile
Explore more from JSA Advocates & Solicitors

India's insurance industry is on the brink of a major legislative overhaul. With the ambitious goal of "Insurance for All by 2047," the ongoing winter session of Parliament is expected to introduce significant amendments to the Insurance Act, 1938 and allied laws

IndiaInsurance
Sidharrth Shankar
Sidharrth Shankar
Shivangi Sharma Talwar
Shivangi Sharma Talwar
Author LinkedIn connections

India's insurance industry is on the brink of a major legislative overhaul. With the ambitious goal of "Insurance for All by 2047," the ongoing winter session of Parliament is expected to introduce significant amendments to the Insurance Act, 1938 and allied laws. These changes aim to boost foreign investment, expand market access, and strengthen policyholder protection.

In this video, Our Partners Sidharrth Shankar and Shivangi Sharma Talwar, share their individual insights on the most impactful reforms and what they mean for the future of the sector.

Key themes covered:

  • FDI Liberalization: Moving from 74% to 100% foreign investment and its implications for governance and solvency norms.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

India’s IRDAI Overhauls The Insurance Company Share Transfer And Amalgamation Framework

On July 30, 2026, the Insurance Regulatory and Development Authority of India (the “IRDAI”) notified the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) (Amendment) Regulations, 2026 (the “Amendment Regulations”), amending the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024 (the “Principal Regulations”).
IndiaInsurance
Majmudar & Partners
Majmudar & Partners
Article

IRDA Proposes To Recalibrate The Economics Of Insurance Distribution

The Insurance Regulatory and Development Authority of India (“IRDAI”) released a public consultation paper last month titled, “Recalibrating Economics of Insurance Distribution” (the “PCP”), inviting stakeholder comments. Aligned with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, the PCP addresses IRDAI’s concern that distribution costs have risen disproportionately to premium growth without corresponding improvements in policyholder outcomes or insurance penetration.
IndiaInsurance
Majmudar & Partners
Majmudar & Partners
Article

The Supreme Court Of India Clarifies: Order II Rule 2 Of The Code Of Civil Procedure, 1908 Cannot Be A Ground For Rejection Of Plaint Under Order VII Rule 11(D) Of The Code Of Civil Procedure, 1908

A two judge bench of the Hon’ble Supreme Court of India (“Supreme Court”) in S. Valliammai and Ors. vs. S. Ramanathan and Anr. recently held that Order II Rule 2, Code of Civil Procedure, 1908 (“CPC”) cannot constitute a ground for rejection of plaint under Order VII Rule 11(d) of the CPC. The Supreme Court drew a critical distinction between the two provisions clarifying that while Order II Rule 2 curtails the right to sue for certain claims or reliefs, but it does not bar filing of a suit under Order VII Rule 11(d) of the CPC.
IndiaLitigation, Mediation & Arbitration
JSA Advocates & Solicitors
JSA Advocates & Solicitors
Article

Supreme Court Clarifies That Compromise Decrees Asserting Pre-existing Rights Are Not Subject To Registration Or Payment Of Stamp Duty

In the recent case of Mukesh vs. The State of Madhya Pradesh and Anr., the Hon'ble Supreme Court of India adjudicated on the issue of whether compromise decrees that assert pre-existing rights necessitate registration under the Registration Act, 1908 and are subject to stamp duty under the Indian Stamp Act of 1899.
IndiaLitigation, Mediation & Arbitration
JSA Advocates & Solicitors
JSA Advocates & Solicitors
Article

Services Sector Employment Rules Take Shape: Model Standing Orders, 2026 Under The Industrial Relations Code, 2020

On May 8, 2026, the Ministry of Labour and Employment notified the Model Standing Orders, 2026 (“Model Standing Orders 2026”) under Section 29(1) of the Industrial Relations Code, 2020 (“IR Code”). The notification supersedes the earlier Industrial Employment (Standing Orders) Central Rules, 1946 insofar as they related to model standing orders, and prescribes separate model standing orders for the mining, manufacturing and services sectors.
IndiaEmployment and HR
JSA Advocates & Solicitors
JSA Advocates & Solicitors