The non-life insurance sector is gearing up for a fresh start as the Insurance Development and Regulatory Authority (IDRA) enforces a zero-commission policy, effective 1 January, suspending the ...

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

The LIC Bima Sakhi Scheme is a women-focused initiative by the Life Insurance Corporation of India. It provides an opportunity to earn income, achieve financial independence, and work with flexibility ...

The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...

The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...

In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...

A Massachusetts judge rejected Jeffrey Cutter’s bid to reverse his guilty verdict on improper annuity sales. In her Dec. 23 order, Judge Denise J. Casper also denied Cutter’s request for a new trial.

In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...

Discover the challenges and growth outlook for Citizens Inc. (CIA) amidst international expansion, profitability issues, and ...

LIC India, the country’s largest life insurer, paid the highest commission amounting to Rs. 10,700 crore, which made up 38% of the industry’s total commission expenses. LIC India distributes about 96% ...

Government allows 100% FDI in insurance sector, aiming to attract global insurers, lower premiums, and boost competition, ...

A new set of legal changes is designed to tighten rules around mis-selling, especially by making commissions more transparent ...