WONE Global's guide to India records this change under licences and regulators. Each statement below has been checked against the source it links to.
Insurance companies may receive up to 100% foreign investment under the automatic route, subject to IRDAI approval and verification, and at least one of the chairperson, managing director or chief executive officer must be a resident Indian citizen.
Excludes LIC (separately capped at 20%). Based on Press Note 1 (2026 Series) of 9 February 2026 and the FEMA (Non-debt Instruments) (Second Amendment) Rules, 2026 notified on 2 May 2026. Central rule.
Fox Mandal & Associates · FEMA rules amended for insurance sector FDI ↗ Checked against a secondary source · Not yet professionally reviewed · checked 18 October 2026
This is a summary of the rule as published, not advice on how it applies to you. The WONE Global Partner for this service in India can advise on that.











