Life insurance distributors have witnessed a drop of 54 per cent in commission earned from unit-linked insurance policies (Ulips) to Rs 1,733 crore in the financial year 2011-12 (FY12), compared with Rs 3,748 crore in FY11. Ulip commission as a proportion of the total commissions also saw a decrease of 11.13 percentage points to 9.37 per cent in FY12, from 20.5 per cent a year ago. Read more
