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IRDAI's insurance reforms need phased rollout, not one-size-fits-all approach: Industry CEOs

1 source · first seen 15:42 1 Oct · updated 15:42 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Insurance CEOs support IRDAI's proposed distribution reforms but want a phased rollout
  • Rollout terms may affect insurers’ distribution costs and growth, including listed life and general insurers

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Linked by the tag IRDAI

126 stories this week
  1. 1 OctLife insurance savings policies could deliver up to 1% higher returns if IRDAI’s proposed distribution reforms are implementedPolicy · 1 source
  2. 30 SeptIRDAI’s proposed distribution norms ruffle feathers of LIC agents, broker bodyPolicy · 1 source · LIC agents and a broker body object to IRDAI’s proposed distribution norms
  3. 30 SeptPB Fintech faces 30% revenue risk from draft IRDAI rules, turns to costs, volumes for reliefPolicy · 1 source
  4. 30 SeptCoverfox founder, brokers raise concerns over IRDAI insurance distribution overhaulPolicy · 3 sources · Coverfox founder Sanjib Jha questioned IRDAI’s proposed commission cuts, including a 2% cap for loan-linked protection
  5. 30 SeptBernstein cuts PB Fintech target 53% after shares lose ₹37,000 croreBroker call · 5 sources · PB Fintech shares fell 42% in four sessions, wiping out ₹37,000 crore in market value
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1 report · earliest 15:42
CNBC-TV18IRDAI's insurance reforms need phased rollout, not one-size-fits-all approach: Industry CEOs15:42