by AIP Online Bureau | Feb 2, 2026 | Health, Indian News, Life, Non-Life, Regulation
Ajay Seth, chairman, IRDAI “We are working on the regulations pertaining to the new commission structure in the industry. There will not be any surprise element in it. We will soon put out a consultative paper on it and will like to have industry views...
by AIP Online Bureau | Jan 1, 2026 | Health, Indian News, Life, Non-Life, Regulation
The Department of Financial services (DFS) has sent letters to general insurers and life insurers through their respective councils- General Insurance Council and Life Insurance Council- after both- the insurance regulator IRDAI and the banking regulator Reserve Bank...
by AIP Online Bureau | Dec 31, 2025 | Indian News, Life, Non-Life, Policy, Regulation
Commission expenses and operating expenses constitute a major part of the total expenses of the general insurance industry, said the IRDAI in its annual report of 2024-25 For the life insurance sector, total commission outgo increased by 18 per cent (whereas the total...
by AIP Online Bureau | Jun 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
(LtoR)- Sanjay Malhotra, Revenue Secretary, Nirmala Sitharaman, Union Finance Minister and Pankaj Chaudhary, minister of state,Ministry of Finance, at a press meet on Saturday after the 53rd Goods and Services Tax (GST) Council meet in New Delhi Earlier, Indian...
by AIP Online Bureau | Aug 24, 2022 | Health, Indian News, Intermediaries, Non-Life, Reinsurance
After setting stiff premium targets for the insurers, the IRDAI in its “Exposure draft- Insurance Regulatory and Development Authority of India (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations,...
