Policy● Neutral for Indian equities
Mis-Selling, High Costs, Fragile Trust: Inside IRDAI's Push To Fix Insurance Sector
The brief
- IRDAI’s paper is a consultation exercise exploring possible improvements to insurance distribution
- Potential distribution changes could affect Indian insurers and insurance intermediaries
- SBI Life seen as best placed private insurer as new insurance rules put pressure on rivals
- General insurers seek size-based differentiation in commission caps
- PB Fintech Can Handle Any Revenue Hit From IRDAI Consultation Paper, Says Yashish Dahiya | Profit Exclusive
- Irdai’s distribution reforms put 1 million livelihoods at risk: IBAI
- IBAI warns Irdai distribution overhaul may put 1 mn livelihoods at risk
IRDAI’s review of insurance distribution
Reports discuss IRDAI’s examination of insurance commissions and distribution economics, including concerns around mis-selling, costs and consumer protection. They describe the regulator’s role as important to addressing gaps and building trust.
Monday, 5 October
- Mis-Selling, High Costs, Fragile Trust: Inside IRDAI's Push To Fix Insurance Sector