Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for ...
Insurance companies have sought clarification from Irdai on a provision barring directors from holding board roles across ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has ...
Irdai has flagged mis-selling as a major concern in India's insurance sector, asking insurers to conduct root-cause analysis, ...
The penetration with respect to the non-life insurance industry remained flat at one per cent during 2024-25 as in 2023-24 ...
IRDAI’s move to tighten control over insurance commissions is rooted in hard data that shows a widening gap between ...
Agent commissions rose sharply across India’s insurance industry in 2024-25, growing significantly faster than premium ...
India’s insurance penetration remained unchanged at 3.7 per cent in 2024-25, highlighting the sector’s slow structural ...
This potential development comes at a time when the Reserve Bank of India (RBI), too, recently flagged concentration risk in ...
Individual agents, the largest distribution channel for life insurance: IRDAI Annual Report FY25Corporate Agents: The ...
India’s life insurance penetration fell to 2.7% of GDP in FY25, marking its third consecutive year of decline despite a 6.7% ...
IRDAI granted a licence to ACKO and Credit Access to commence life insurance business on March 25 The regulator approved a company for life insurance for the first time in 12 years, with the last ...