Mumbai:  An internal committee of the insurance sector regulator Irda has recommended hiking FDI in all insurance sector intermediaries like brokers, surveyors, third-party administrators (TPAs) and web aggregators to 49 per cent from the present 26 per cent.  According to reliable industry sources, the panel, headed by joint director Suresh Mathur, has submitted the report to Insurance Regulatory and Development Authority (Irda) chairman last week.    “FDI cap can be increased to 49 per cent for the intermediaries to begin with,” an industry source said.  The report has also charted a three-year roadmap to see how FDI can be raised to 100 per cent for intermediaries.  Mathur was not available for comments. The report comes at a time when the Insurance Amendment Bill, that seeks to increase FDI to 49 per cent from 26 per cent, is pending with the House select committee headed by BJP MP Chandan Mitra. The committee is likely to submit its report next month.

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