Insurance Joint Ventures in India: Who Calls the Shots 3816762268780510832-blid-8723552371897833122

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This article deals with the dynamics of the insurance joint ventures in India. Current regulation allows the foreign insurance company to have a maximum of 24% stake in the Insurance entity, and thus all foreign players have necessarily needed to be present through a JV with a local Indian Industrial house. There has been considerable discussion to increase the level to 49%, but it is yet to happen.