IRDAI commission caps: Insurance brokers write to PM, FM — say proposed rules may not benefit policyholders – FinSiddhi

IRDAI commission caps: Insurance brokers write to PM, FM — say proposed rules may not benefit policyholders

IRDAI has proposed changes to insurance commission structures, including caps for banks, brokers and agents across products. Insurance brokers have opposed the proposals, raising concerns over their impact on distributors, jobs and the wider insurance sector.
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