The Financial Planning Association (FPA) has released a consultation paper around life insurance calling for upfront commissions to be capped at four times the level of ongoing payments with insurers ...
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 ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...
Government and regulators have focussed on upfront life insurance commissions purely as a dollar amount and have not considered how they work within the advice sector while not acting on churn in ...
High commissions in the insurance sector have recently drawn the attention of the government and regulators, Emkay Global said citing growing concern that distribution and operational costs are ...
Canara HSBC Life Insurance reported a modest decline in December-quarter profit as higher operating and commission expenses ...