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Policy● Neutral for Indian equities
Insurance distribution at crossroads as IRDAI moves to rein in costs
The brief
- IRDAI is moving to rein in insurance distribution costs and link compensation more closely to effort and risk
- Tighter distributor compensation could pressure insurance intermediaries and affect Indian insurers’ acquisition costs
- IRDAI pushes LIC, SBI Life to seek further cost efficiency
- IRDAI reforms target insurance pricing transparency and commissions
- Insurers seek softer landing on Irdai commission cuts in meet with chief
- IRDAI plans to cut insurer costs: What changes for commissions, premiums & policyholders?
- IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test