Tag: Foreign
AIA Statement on India Raising Foreign Investment Cap for Insurers
WASHINGTON, D.C. (PRWEB) March 12, 2015 Stephen Simchak, director of international affairs for the American Insurance Association (AIA), issued a statement today welcoming the passage of legislation in the Indian Parliament raising the foreign investment cap on insurance companies to 49 percent from 26 percent. The Insurance Laws (Amendment) Bill makes permanent a government ordinance […]