Everyone had great expectations from the Union Budget 2014-15 but did they get what they wanted? We analyse the demands of the medical insurance industry: Antony Jacob Chief Executive Officer Apollo Munich Health Insurance said: 'Today's Union Budget speech has certainly brought good news for the insurance sector by the government clearly stating its intent to raise the current FDI cap of 26% to 49% via the FIPB route. An enhanced flow of foreign capital and international expertise will result in accelerating overall development of the insurance industry through increased access to international insurance products distribution channels and world-class business