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LIC COMMISSION CUTS
LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratioLife Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As...- ETMarkets Smart Talk| A ₹25,000 monthly SIP can grow to ₹2.17 crore in 15 years—with a 10% annual step-up: Jeet MarwadiIn an interview with Kshitij Anand of ETMarkets, Jeet Marwadi, Founder and Managing Director of 1 Finance, explains why reviewing loans, in...
- Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
- Home loan EMI for these borrowers will go up as RBI increases repo rate by 25 bps: Know the impact on Rs 25 lakh-Rs 2 cr home loansRBI repo rate: Borrowers with home loans linked to External Benchmark Linked Rates will see an increase in their EMIs. The Reserve Bank of ...
- Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperformMacquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity press...
- 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...
- Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distributi...
- Can IRDAI’s insurance reforms impact NBFCs? Jefferies warns L&T Finance, Piramal Finance, others are most exposedIRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentially pressuring NBFC fee income. Jeff...
- PB Fintech shares crash 36%, bloodbath wipes off Rs 31,426 cr from m-cap after IRDAI’s reform plans. What Citi and Jefferies are warningPB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor commissions. The proposed norms co...
- Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
- LIC seeks GST relief, tax-free premium hike to boost salesLIC has urged the government to implement tax and regulatory changes in the upcoming budget to boost policy sales and insurer margins. Key ...
- Is LIC stock undervalued? Kotak Equities suggests buying with Rs 1,175 targetKotak Equities also highlighted a significant drop in LIC’s equity investment portfolio and noted weak business momentum. However, they poi...
- Premium may rise, agent commission could decline as revised surrender value kicks in from TuesdayInsurance premiums may rise or agent commissions might be reduced due to new IRDAI guidelines for revised surrender values aimed at providi...
- Consumer forum directs LIC to pay Rs 2 lakh claim to widow of policyholderA consumer commission in Mumbai has directed the Life Insurance Corporation of India (LIC) to pay a claim of Rs 2 lakh to the widow of a po...
- The elephant that can’t dance! Emkay initiates coverage on LIC with 12-month target below IPO priceEmkay Global has initiated coverage on the stock with a ‘hold’ rating and target price at Rs 875, meaning if this proves to be true, the st...
- Income loss? Here's what insurers offer youAgents earn commission in the wide range of 2-20 percent. LIC will likely recruit three lakh new agents this whole financial year. About on...
- LIC sees degrowth on ULIP this fiscal, says governmentThe government said Life Insurance Corporation of India has seen a degrowth in sales of unit linked insurance plans (ULIP) in the current f...
- LIC restructuring Ulip costs to protect agent commissionsLife Insurance Corporation of India is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses ...
- LIC makes plans to keep agents' commissions for ULIP intactIn order to keep agents' commissions for ULIPs intact, LIC is looking to increase the minimum premium payable and minimum lock-in order to ...
- LIC plans to alter ULIP polices termsLife Insurance Corporation of India (LIC) was planning to raise minimum premium from Rs 25,000 to Rs 40,000 and increase the lock in period...
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