The new insurance law allows only up to 49 percent FDI in both life and non-life ventures, up from 26 percent earlier.
Kamesh Goyal, CEO of Allianz Asia Pacific, in an interview with CNBC-TV18’s Reema Tendulkar and Gautam Broker, spoke about the company’s recent tie-up with Berkshire Hathaway and the road ahead.
Billionaire investor Warren Buffett will soon have a foothold in India. Buffett's Berkshire Hathaway says it plans to enter the Indian non-life insurance sector as a corporate agent of Bajaj Allianz General.