Foreign Companies in Insurance Sector

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....oreign Companies in Insurance Sector <br>News and Press Release<br>Dated:- 30-11-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 30-November-2012 15:30 IST The Insuran....

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....ce Regulatory and Development Authority (IRDA) has informed that no foreign company is presently functioning in India. However, foreign companies are allowed as joint venture partners in the Indian in....

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....surance industry with a Foreign Direct Investment (FDI) cap of 26 per cent and at present 38 private insurance companies are functioning in India along with their joint venture partners. This was sta....

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....ted by the Minister of State for Finance, Shri Namo Narain Meena in a written reply to a question in the Lok Sabha today. ***** DSM/RS/ka<BR> News - Press release - PIB....