PB Fintech shares plunged 50% from their all-time high to drop below the 2021 IPO price of Rs 980. The sharp six-day selloff follows propos...

India's insurance penetration is at 3.7 per cent of GDP, which is below the global average. While life insurance premiums grew, the number ...

Bajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recen...

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAI’s proposed reforms to curb...

Facing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value after IRDAI proposed reforms targeting insu...

Insurers like Life Insurance Corp and SBI Life need to improve cost efficiencies under new regulatory guidelines. The proposals suggest low...

The IRDAI's move to tighten commission caps in India's insurance sector has sparked considerable attention. Despite previous regulatory att...

Transformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authori...

The customer-centric proposals aim to increase transparency, cut distribution costs and reduce insurer expenses.

Smaller life and general insurers worry that proposed distribution reforms might benefit larger insurers disproportionately. The changes in...

Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distributi...

PB Fintech shares rose 4% after Bernstein retained its Outperform rating and Rs 2,310 target price, despite the stock’s sharp fall followin...

Insurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...

IRDAI’s proposed caps on distribution commissions may face industry resistance after removal of earlier caps. The aim of the proposal is to...

IRDAI chairman Ajay Seth said insurers should pass savings from lower commissions and operating costs to policyholders through lower premiu...

The benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholde...