Life insurance companies paid ₹60,800 crore as commission in 2024–25, an 18% rise year-on-year. This growth far outpaced premium collections, which increased by 6.73% to ₹8.86 lakh crore. The ...

Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...

Agents or their nominees will no longer automatically be entitled to commissions for the insurance policies they sold, once they leave the insurer. The company will decide whether to pay or not ...

Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward ...

According to sources, IRDAI may propose a return to segmental commission caps, similar to the older regulatory framework.

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for ...

The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in lower-quality advice for consumers. There were currently a number of ...