Year Ender: From GST relief to Bima Sugam, 10 key reforms that changed India’s insurance sector in 2025 | EXPLAINER - ET Now

Highlights Insurance Act amendment allows 100 per cent FDI, mergers and policyholder protection fund. GST exemption on life and health policies makes insurance more affordable. Bima Sugam and Bima ASBA bring unified digital platforms and seamless payments. The year 2025 marked a turning point for India’s insurance sector, bringing in reforms that directly impacted policyholders, insurers, and inte…