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

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, ...

Quotes can vary significantly by insurer for the same coverage.

IRDAI’s move to tighten control over insurance commissions is rooted in hard data that shows a widening gap between ...

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

Instead of the current reactive strategy to address problems in the space, India needs to fix the problem of toxic financial ...

A new set of legal changes is designed to tighten rules around mis-selling, especially by making commissions more transparent ...

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

The decision was announced in a circular issued on 23 December, aimed at protecting policyholders’ interests, strengthening insurers’ financial health, and restoring discipline in the insurance market ...

If you have a physically demanding career, obtaining disability insurance could be a smart move to protect your income if you ...

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

Indian insurance, with the Sabka Bima Sabki Raksha Bill significantly boosting FDI to 100% and empowering IRDAI. Key reforms ...