Economy News

Insurer Ownership Rules – IRDAI

August 5 , 2026 5 hrs 0 min 40 0

The Insurance Regulatory and Development Authority of India (IRDAI) amended the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2026.
The new rules require prior approval from IRDAI for ownership changes when shareholding crosses 5%, 10%, 25%, 50% and 75% thresholds.
Approval is also needed when an investor becomes the single largest shareholder of an insurance company.
The amendments cover direct and indirect share transfers, promoter-group transfers, and dilution through fresh share issues.
IRDAI was established under the Insurance Regulatory and Development Authority Act, 1999, to regulate India's insurance sector.