PolicyMediaNamaabout 2 hours ago
IRDAI may cap commissions by Jan 2027
5 min read
The Insurance Regulatory and Development Authority of India plans to cap distributor commissions by January 2027 despite broker backlash. Expenses at private life insurers rose to 22% of premiums from 16% in 2021. Policybazaar CEO Yashish Dahiya warns a 60% commission cut could erase 30% of PB Fintech revenue, potentially forcing the company to seek an insurance manufacturing license.
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