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AJAY SETH
Insurance commission: IRDAI extends time for feedback to October 31The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had...- FSDC stresses on vigilance, reforms amid global uncertainty & AI boomFinance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining fi...
- IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay SethIRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for Jan...
- Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- Jobs in line as IRDAI commission caps force insurance brokers to rethink modelsFacing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...
- IT firms cut H-1B reliance; Anthropic flags AI risks in IPO filingTop Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5.
- IRDAI pushes LIC, SBI Life to seek further cost efficiencyInsurers like Life Insurance Corp and SBI Life need to improve cost efficiencies under new regulatory guidelines. The proposals suggest low...
- a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rulesHappy Monday! a16z’s Raghu Raghuram said India can build frontier AI companies by using its talent. This and more in today’s ETtech Morning...
- Insurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay SethIRDAI chairman Ajay Seth said insurers should pass savings from lower commissions and operating costs to policyholders through lower premiu...
- Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIThe benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholde...
- Who is Sharat Saxena? At 76, veteran actor undergoes 6-hour spine surgery. Now, he has happily thrown away his walking stick. Here’s what happenedVeteran actor Sharat Saxena is celebrating a successful recovery following a six-hour lumbar spine surgery that took place at Bombay Hospit...
- Govt unveils strategic blueprint on defence diplomacy that outlines India's vision for next decadeDefence Minister Rajnath Singh released India's strategic blueprint for defence diplomacy. This document outlines a comprehensive framework...
- Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
- Govt appoints former Finance Secretary Ajay Seth as IRDAI chairman for 3 yearsThe Indian government has appointed former Finance Secretary Ajay Seth as the chairman of Insurance Regulatory and Development Authority of...
- Ajay Seth gets additional charge of Revenue Secretary as Sanjay Malhotra becomes RBI governorEconomic Affairs Secretary Ajay Seth has been given the additional responsibility of the Revenue department. The appointment, effective imm...
- Looking to sustain double digit margins: Ajay Seth, Maruti"We have been able to gain market share in a shrinking market."
- Good demand seen for small cars; Sedans, diesel cars preferred: Ajay Seth, Maruti Suzuki IndiaThe second half has started with a good note, but we will have to watch for this trend as it is too early to say whether the trend has chan...
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