India’s insurance regulator is weighing proposals that could reshape how policies are sold, with a sharper focus on product simplification and tighter commission structures. The move may help lower costs for policyholders and leave efficient insurers relatively unscathed, but distributors dependent on upfront commissions could face a far tougher adjustment.
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"IRDAI’s Commission Clampdown May Spare Insurers, But Put Distributors Under Pressure"
India’s insurance regulator is weighing proposals that could reshape how policies are sold, with a sharper focus on product simplification and tighter commission structures. The move may help lower costs for policyholders and leave efficient insurers relatively unscathed, but distributors dependent on upfront commissions could face a far tougher adjustment.
IRDAI’s Commission Clampdown May Spare Insurers, But Put Distributors Under Pressure
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (11:43 AM IST)•5 min read
India’s insurance regulator is weighing proposals that could reshape how policies are sold, with a sharper focus on product simplification and tighter commission structures. The move may help lower costs for policyholders and leave efficient insurers relatively unscathed, but distributors dependent on upfront commissions could face a far tougher adjustment.
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