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    <title>DFS Secretary Highlights India’s Insurance Growth at IFSCA–IRDAI–GIFT City Global Reinsurance Summit</title>
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    <description>The address positions Insurance for All by 2047 as the roadmap and identifies recent policy and regulatory measures-100% foreign investment liberalisation, registration of a new reinsurer, and the Sabka Bima Sabki Raksha (Amendment) Act, 2025 (establishing a Policyholders&#039; Education and Protection Fund and aligning data protection)-as mechanisms to expand insurance accessibility and strengthen the reinsurance market, while the IFSCA Act, 2019 empowers GIFT City to enable foreign reinsurer branches and harmonise IFSC regulation with global standards.</description>
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