The move to allow 100% FDI in insurance will enable access to long-term capital, global best practices, supporting innovation and the scaling up of insurance solutions
FinTech BizNews Service
Mumbai, 19 December 2025: The Lok Sabha has passed the landmark Insurance Amendment Bill, titled Sabka Bima Sabki Raksha, during the ongoing Winter Session of Parliament. In response to this development, Mr. Mayank Bathwal, CEO, Aditya Birla Health Insurance has shared his perspective on the Insurance Amendment bill:
The proposed amendments under the Sabka Bima Sabki Raksha Bill mark a decisive step in reimagining India’s insurance ecosystem for the next phase of growth. The move to allow 100% FDI in insurance will enable access to long-term capital, global best practices, supporting innovation and the scaling up of insurance solutions. Alongside this, stronger regulatory oversight and a sharper focus on policyholder protection together create the conditions for a more resilient, transparent and innovation-led sector.
Equally important is the emphasis on data integrity, customer confidentiality and regulatory consultation, which will build greater trust and confidence among consumers. The proposed Policyholders’ Education and Protection Fund is a particularly welcome move, as it reinforces the importance of informed choice and long-term consumer trust. As India moves towards the vision of Insurance for All by 2047, these reforms can meaningfully accelerate penetration and improve customer outcomes across the sector.
