Agent commissions rose sharply across India’s insurance industry in 2024-25, growing significantly faster than premium ...

In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...

In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...

The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...

The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...

Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into regulations and ethical practices.

RBI has flagged high expense structure, particularly acquisition costs of insurance companies, in its recent report ...

According to sources, the DFS has written to both life and general insurers through industry councils, seeking detailed ...

IRDAI to release draft regulations on insurance commissions as M Nagaraju highlights government plans for tighter oversight ...

Speaking to a news channel, M Nagaraju, Secretary, Department of Financial Services, said that the Insurance Regulatory and ...

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post ...