The industry is poised for its next growth wave
Source: Asia Insurance Review | Dec 2025
Momentum in both life and non-life insurance in India should pick up in 2026 from a softer financial year 2024-25 base, aided by the rollout of Bima Sugam, likely liberalisation of foreign ownership to 100%, and the proposed insurance laws amendments (composite licence, perpetual registration for intermediaries), said Insurance Brokers Association of India’s Mr Narendra Bharindwal.
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