The Insurance Regulatory and Development Authority of India (Irdai) is set to revise investment norms for insurers following amendments to the Insurance Act. These changes consolidate investment provisions into a single section, shifting operational details to regulations, allowing for quicker adaptation to market changes. The amendments also clarify rules on encumbrances for liquidity management and remove the blanket prohibition on investments in private limited companies, expanding the investment universe under regulatory safeguards. Insurers' Assets Under Management reached Rs 74.4 lakh crore by March 31, 2025.