India: Cabinet passes draft law allowing 100% FDI in insurance companies

Published on December 15, 2025
India's Union Cabinet has approved a Bill which contains a provision to increase the foreign direct investment limit in insurance companies to 100% from the present cap of 74%. The Bill, cleared on
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XPT Specialty appoints Liam Sole as AVP, Senior Underwriter

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XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of Liam Sole as Associate Vice President/Senior Underwriter of its Commercial Lines Division.In his new position, Sole will focus on property and casualty risks with an emphasis on supporting East Coast business, particularly in New York.His areas of specialty include habitational, construction,