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BANCASSURANCE FEES
Insurance commission revamp to push insurtech firms to the brinkThe regulator has proposed lower commission limits for distributors that sell products from several insurers, with sharp cuts across health...- IRDAI's commission reset impact; ETSA winner Progcap’s next betHappy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech...
- Dalal Street slumps on oil spike, bond rout & Irda joltThe US 10-year Treasury yield moved above 5.10%, while Brent crude remained above $102 a barrel, raising concerns over global liquidity, in...
- Irdai commission curbs spark sharp selloff in insurers, banks and NBFCsShares of insurers, banks, and non-banking finance companies dropped sharply following proposed commission caps by Irdai. The proposals rai...
- 6 stocks with consistent score improvement and upside potential of up to 24% in one year, according to analystsAnother week where the bears were in total control. There is, at this juncture, no point in guessing what will happen to the Nifty and Sens...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 23%As oil prices move up again, how will things pan out for the Indian market? Will it be a standalone underperformer? Or is it just a phase w...
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
- Bancassurance useful, curb mis-selling: IRDAI ChiefIndia's insurance regulator, IRDAI, urged banks to address concerns regarding mis-selling of insurance products through their channels. Thi...
- LIC keen to retain some stake in IDBI Bank for bancassurance gains: ChairmanAlong with the government, Life Insurance Corporation (LIC) will also divest its stake in IDBI Bank, but may not exit completely, LIC Chair...
- HDFC Life-Max Life merger hits regulatory blockAxis Bank has a minority share in Max Life as part of its bancassurance tie-up with Max Life
- Banks willing to sell policies of multiple insurersAxis Bank, Saraswat Bank and Indian Overseas Bank are in the process of adopting an open architecture to sell products of more than one ins...
- RBI vs IRDA: Finmin to play peacemaker over broking licence for banksThe finance ministry is attempting to resolve the differences between the banking and insurance sector regulators over allowing banks to be...
- Bancassurance rules are likely to benefit banks as insurers offer high commissionsThe insurance regulator’s bancassurance rules are likely to benefit banks as insurers offer high commissions to sell their products.
- LIC sees gains in fee cap, to grow bancassurance alliesLIC expects to grow its bancassurance partners under the new regulatory regime, which compels insurers to reduce commission to distributors.
- Banks may get to deal in more than one insurance brandBanks may be allowed to sell insurance products of more than one company, a move that will help insurance companies increase their reach an...
- Banks may get to hawk policies of multiple insurersBanks are expecting the commission to multiply manifold once they are allowed to sell products of various service providers.
- RBI asks banks to disclose commission from MF, insurersTo lend transparency, the Reserve Bank today directed banks to disclose the commission it received from mutual funds and insurers for refer...
- Uco Bank refuses to renew bancassurance tie with NICPublic sector Uco Bank has decided against renewing its bancassurance tie-up with another public sector entity National Insurance Compan.
- Run for cover: Bank mergers to affect insurance alliancesBank mergers are likely to impact the country’s insurance sector as many insurers have select banks as their bancassurance partners.
- 'Opportunistic’ banks curb bancassurance growth'Lack of norms governing cross-shareholding between banks and insurers, high commissions can destroy this distribution channel, warns Swiss ...
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