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IRDAI’s proposed reforms will push adoption, make insurance buying more consumer-friendly, says chairman Ajay Seth

1 source · first seen 09:04 27 Sept · updated 09:04 27 Sept

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Part of a developing story92 updates over 5 days

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.

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1 report · earliest 09:04
MoneycontrolIRDAI’s proposed reforms will push adoption, make insurance buying more consumer-friendly, says chairman Ajay Seth09:04