Insurers may pass on commission costs
Former members of the IRDAI fear that the regulator’s proposal to grant flexibility to insurers on commissions might result in Read more
commission
Proposed 20% cap on agent commission could boost insurance industry
IRDAI proposal to put a lower cap of 20% on commissions and remunerations paid to agents and intermediaries under both Read more
Online insurance platforms may have to disclose commission paid
Online platforms such as Policybazaar, as well as corporate agents, may have to disclose the commissions they receive from insurance Read more
IRDAI puts a check on bancassurance to curb mis-sale
The Insurance Regulatory and Development Authority of India has put norms against forced selling of insurance policies by banks. Read more
IRDAI penalizes Reliance Life Insurance for norms violations
The Insurance Regulatory and Development Authority of India has imposed Rs.85 lakh penalty on Reliance Life Insurance Company Ltd. Read more
