Deciphering India’s New Insurance Law

10 April 2015
Organizer: Debevoise & Plimpton and Chambers & Partners
Location: Singapore

Debevoise & Plimpton and Chambers & Partners invite you to join us in Singapore on 10 April for a seminar examining the recent developments in the insurance sector in India following the passage of the long awaited Insurance Laws (Amendment) Bill, 2015 by the Indian parliament on March 12, 2015.

The new law allows foreign investors to hold up to 49% equity in Indian insurance companies as opposed to the earlier limit of 26%. It is expected that the move will bring more foreign capital and international expertise, and result in accelerated development of the Indian insurance industry through increased access to international insurance products, distribution channels and international best practices.

At our seminar, we will explore key aspects of this new reform, and the opportunities it raises for private equity and strategic investors. We expect to have an interactive discussion on the following key topics:

• Legal Framework for FDI in Insurance

  • Highlights of the new law
  • Recent changes to the FDI policy and IRDA regulations
  • How to compute foreign holding
  • Pricing Methodology

• Investment Protection

  • The dilemma of ‘control’ being with Indian residents
  • Protections under the New Companies Act
  • Investing through Bilateral Investment Treaties (BITs)
  • Courts and Arbitration

• Opportunities and Exit Strategies

  • Reinsurance – an untapped opportunity
  • Exit options

• Recent Deal Trends