Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill 2025 PDF

The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 was introduced in Lok Sabha on December 16, 2025. The bill was passed in Lok Sabha on December 16, 2025 and in Rajya Sabha on December 17, 2025. It seeks to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Authority Act, 1999. The Bill proposes to increase the Foreign Direct Investment (FDI) limit in Indian Insurance companies from 74% to 100% of the paid-up equity capital.