FDI in Insurance Companies: Check How much Foreign money is invested in Indian Insurance Companies

The Government of India has increased FDI limit from 74% to 100% for insurance companies. The Indian insurance sector is projected to grow at 7.1% annually over the next five years.

Foreign Direct Investment (FDI) is when a person or company from one country invests money directly into a business in another country. This is not just about buying shares from the stock market for profit—it usually involves setting up a new business, opening offices or factories, or buying a significant part of an existing company. Such investments are long-term and often give the foreign investor some control over the business.

Let’s have a look at the FDI in insurance companies:

Equity Share Capital of Life Insurers as on 31.12.2024

S.No.	Insurer	Total (Rs. In crore)	Foreign (Rs. In crore)	%Foreign
1	Aditya Birla Sun Life Insurance Co. Ltd.	2,019.59	989.60	49.00%
2	Ageas Federal Life Insurance Co. Ltd.	800.00	592.00	74.00%
3	Aviva Life Insurance Co. Ltd.	2,189.90	1,620.53	74.00%
4	Bajaj Allianz Life Insurance Co. Ltd.	150.71	39.18	26.00%
5	Canara HSBC Life Insurance Co. Ltd.	950.00	247.00	26.00%
6	Credit Access Life Insurance Ltd.	168.00	124.32	74.00%
7	Edelweiss Tokio Life Insurance Co. Ltd.	1,065.13	228.12	21.42%
8	Future Generali Life Insurance Co. Ltd.	2,599.32	1,923.46	74.00%
9	Go Digit Life Insurance Ltd.	177.71	77.04	43.35%
10	HDFC Life Insurance Co. Ltd.	2,152.80	544.59	25.30%
11	ICICI Prudential Life Insurance Co. Ltd.	1,445.21	533.47	36.91%
12	IndiaFirst Life Insurance Co. Ltd.	754.52	196.14	26.00%
13	PNB MetLife Insurance Co. Ltd.	2,012.88	984.61	48.92%
14	Pramerica Life Insurance Co. Ltd.	374.06	183.29	49.00%
15	Reliance Nippon Life Insurance Co. Ltd.	1,196.32	586.20	49.00%
16	SBI Life Insurance Co. Ltd.	1,002.09	241.71	24.12%
17	Shriram Life Insurance Co. Ltd.	179.37	41.26	23.00%
18	Star Union Dai-ichi Life Insurance Co. Ltd.	338.96	155.72	45.94%
19	Tata AIA Life Insurance Co. Ltd.	4,533.50	2,221.42	49.00%
Total		24,110.07	11,529.66	47.82%

Equity Share Capital of Private General and Health Insurers as on 31.12.2024

Sr. No.	Insurers	Total(Rs. In crore)	Foreign (Rs. In crore)	%Foreign
	Private Sector General Insurers
1	Bajaj Allianz General Insurance Co. Ltd.	110.23	28.66	26.00%
2	Cholamandalam MS General Insurance Co. Ltd.	298.81	119.52	40.00%
3	Future Generali India Insurance Company Limited	1,206.40	609.30	50.51%
4	Go Digit General Insurance Limited	922.24	86.24	9.35%
5	HDFC ERGO General Insurance Co. Ltd.	723.68	355.24	49.09%
6	ICICI Lombard General Insurance Co. Ltd.	495.23	121.79	24.59%
7	IFFCO Tokio General Insurance Co. Ltd.	287.82	141.03	49.00%
8	Kotak Mahindra General Insurance Company Limited	1,072.73	750.91	70.00%
9	Liberty General Insurance Limited	1,131.54	550.88	48.68%
10	Raheja QBE General Insurance Company Limited	455.05	222.97	49.00%
11	Royal Sundaram General Insurance Co. Limited	449.00	179.60	40.00%
12	SBI General Insurance Company Limited	223.72	60.54	27.06%
13	Shriram General Insurance Company Limited	259.16	59.40	22.92%
14	Tata AIG General Insurance Co. Ltd.	995.15	258.56	25.98%
15	Universal Sompo General Insurance Co. Ltd.	368.18	127.44	34.61%
Total		8998.94	3672.08	40.80%

Standalone Health Insurers

16	Aditya Birla Health insurance Co. Limited	538.00	237.19	44.09%
17	ManipalCigna Health Insurance Company Limited	1,645.25	805.49	48.96%
18	Niva Bupa Health Insurance Company Ltd.	1,827.03	207.08	11.33%
20	Star Health and Allied Insurance Company Limited	587.68	104.82	17.84%
Total		4597.96	1354.58	29.46%