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IRDAI’s Distribution Reforms: Commission on general insurance products to be slashed from 30% to 20%, 12.5% for life over 5 yrs

IRDAI’s Distribution Reforms: Commission on general insurance products to be slashed from 30% to 20%, 12.5% for life over 5 yrs

by AIP Online Bureau | Sep 23, 2026 | Indian News, Life, Non-Life, Reinsurance

Greater transparency would be required from insurers and large distribution entities, which would have to disclose commission policies and structures in a simple and accessible manner. Specified commercial insurance policies would also carry commission disclosures,...

by AIP Online Bureau | Sep 23, 2026 | Workplace/Employee Benefits

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Girija Subramanian conferred IIS’s Vanguard Market Development Award for emerging markets

Girija Subramanian conferred IIS’s Vanguard Market Development Award for emerging markets

by AIP Online Bureau | Sep 23, 2026 | Eco/Invest/Demography, International News, Non-Life

Girija Subramanian,member, Distribution, Insurance Regulatory & Development Authority of India “ Subramanian’s career reflects an extraordinary commitment to expanding the reach and relevance of insurance across India,” said Josh Landau, President of the...
FSSAI starts penal action against Amazon, Swiggy, BigBasket, others

FSSAI starts penal action against Amazon, Swiggy, BigBasket, others

by AIP Online Bureau | Sep 23, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology

In a social media post, the Food Safety and Standards Authority of India (FSSAI) informed that it has launched a “major crackdown on e-commerce platforms, including Amazon, Swiggy Instamart, BigBasket, Flipkart India and Zepto over regulatory...
Karnataka govt constitutes SIT to probe fraudulent insurance claims

Karnataka govt constitutes SIT to probe fraudulent insurance claims

by AIP Online Bureau | Sep 23, 2026 | Indian News, Non-Life

The government order directed the SIT to conduct a comprehensive investigation into all fraud complaints received from insurance companies and submit investigation reports to the government without delay through the Director General and Inspector General of Police....
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  • FSSAI starts penal action against Amazon, Swiggy, BigBasket, others
  • Karnataka govt constitutes SIT to probe fraudulent insurance claims

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