The brief
- IRDAI has proposed a major overhaul of insurance technology sector norms
- The draft norms threaten insurtech economics
- Proposed rules may reshape economics for Indian insurers and insurance-distribution businesses
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IRDAI's proposed insurance distribution reforms
IRDAI proposed phased cuts to insurers’ expense limits, commission caps and a ban on compulsory insurance bundling with loans. The proposals prompted debate over premiums, mis-selling and distributor payouts, while reports highlighted possible earnings risks for PB Fintech.
Friday, 25 September
- The Insurance Shuffle, Moneyview IPO Day 1 & More