Monday, 28 September 2026Updated 1m ago
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Market move▼ Bearish for Turtlemint

Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?

1 source · first seen 12:03 28 Sept · updated 12:03 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Insurance stocks including PB Fintech, ICICI Lombard, HDFC Life and SBI Life faced selling pressure
  • Proposed IRDAI distribution reforms were cited as a trigger
  • Distribution reforms and share-price pressure put insurers and PB Fintech investors on alert

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Turtlemint1 todayPB Fintech₹1,166.00 · 9 todayICICI Lombard₹1,553.70 · 1 todayHDFC Life Insurance₹531.00 · 3 todaySBI Life Insurance₹1,742.00 · 3 todayInsurance distribution13 todayHealth insurance9 todayInsurance21 today

Linked by the tag ICICI Lombard

3 stories this week
  1. 26 SeptMovers & Shakers: Stocks that will see action this weekMarket move · 1 source · Charts flag ICICI Lombard, Oberoi Realty and Swiggy for potential action this week
  2. 25 SeptICICI Lombard General Insurance among 3 stocks showing White Marubozu PatternMarket move · 1 source · Three stocks with market capitalisation above Rs 10,000 crore featured in StockEdge’s White Marubozu scanner on September 24
All ICICI Lombard stories →
Part of a developing story93 updates over 6 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.

Monday, 28 September

  1. You are here
    Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?
  2. PB Fintech: the risk was known. Investors chased the stock anyway
  3. PB Fintech shares: Macquarie target on battered stock hints at 67% upside
  4. PB Fintech Faces 38% FY30 Profit Hit Under 'Max Pain' Scenario; Bernstein Still Sees 91% Upside
  5. 4 sources
    Bernstein keeps Outperform on PB Fintech, sets ₹2,310 target after sharp sell-off
  6. Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAI

Sunday, 27 September

  1. 2 sources
    Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?

See all 93 updates →

Read the reports

1 report · earliest 12:03
Economic TimesTrouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?12:03