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COMMISSION CAPPING
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...- 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...
- Palo Alto CEO Nikesh Arora has secured $147 million through share-linked dealNikesh Arora, the visionary leader of Palo Alto Networks, successfully secured approximately $147.3 million through an innovative share agr...
- 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...
- Election Commission caps Form 7 applications to curb bulk objections to voter rollsThe Election Commission has introduced limits for submitting Form 7 applications to manage objections against electoral rolls. Individual v...
- Election Commission caps Form 7 objection applications by individual electors during electoral roll revisionThe Election Commission of India has implemented a new cap on Form 7 applications to streamline the electoral process. Individual electors ...
- Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
- IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
- IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
- How Netherlands built the 'World’s First PlasticRoad Cycle Path' using recycled plastic equivalent to 218,000 cupsThe Netherlands opened the world’s first PlasticRoad cycle path in Zwolle in 2018. The 30-metre stretch used recycled plastic equivalent to...
- ElevenLabs bets big on India; GCC jobs shiftElevenLabs is planning to expand its voice AI platform to include all 22 Indian languages. This and more in today’s ETtech Top 5.
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
- Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
- Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
- PB Fintech extends losing streak to 7 sessions, stock hits 32-month lowPB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Following a consultation paper from Irda...
- 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...
- IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
- IBAI flags job, growth risks from IRDAI’s proposed distribution reformsThe Insurance Brokers Association of India (IBAI) has warned that IRDAI’s proposed changes to insurance distribution could shrink distribut...
- 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...
- Irdai commission caps put insurance distributors' renewal income in focusInsurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...
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