Global Trade Alert
Global Trade Alert

India: Insurance companies allowed to open offices abroad

Announcement

23 May 2013

In May 2013, the government of India announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

23 May 2013

Revocation date:

No revocation date

Updated: 23 May 2013
FDI: Entry and ownership rule In force
On 23 May 2013, the Insurance Regulatory and Development Authority (IRDA) India allowed Indian insurance companies to own insurance companies (including branch offices) abroad. Such a company could ...
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