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Govt probes insurers paying excessive distribution commissions without growing business

Govt probes insurers paying excessive distribution commissions without growing business

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...
Pvt sector insurers pay higher commissions, constraint  expansion of insurance coverage:IRDAI & RBI reports

Pvt sector insurers pay higher commissions, constraint expansion of insurance coverage:IRDAI & RBI reports

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...
Hong Kong plans new crypto,infrastructure rules for insurers

Hong Kong plans new crypto,infrastructure rules for insurers

by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Risk Management

The insurance regulator would impose a 100% risk charge on cryptoassets, according to a presentation on Dec. 4 seen by Bloomberg News. Stablecoin investments would attract risk charges based on the fiat currency the Hong Kong-regulated stablecoin is pegged to, the...
Seth urges insurers on timely and effective resolution of policyholders’ grievances

Seth urges insurers on timely and effective resolution of policyholders’ grievances

by AIP Online Bureau | Dec 19, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy, Regulation

“When a citizen takes the trouble to write a grievance,they are not filling a form—they are sending a signal that they need the system to listen. How we respond to that signal shapes trust not only in insurance, but in institutions themselves. Choose the...
Along with insurers,100% FDI to be allowed for Pension Fund players

Along with insurers,100% FDI to be allowed for Pension Fund players

by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Regulation

The measure for Indian insurers is an “enabler” that will help draw interest from global investors in the pension fund sector over time, said Sivasubramanian Ramann, chairman of the Pension Fund Regulatory and Development Authority New Delhi: India’s move to lift...
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