Senior citizens walk into banks seeking safety and certainty. Too often, they walk out with complex insurance products that ...

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, ...

The government is considering changes to insurance commission structures to lower acquisition costs and improve affordability ...

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 ...

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

India's ICICI Lombard General Insurance reported a decline in third-quarter profit on Tuesday, as the rise in payouts to agents and employees outweighed strong demand in the retail health and motor ...

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

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has ...

A plan to have insurance companies divide sales commissions paid to insurance planners over a maximum of seven years will be introduced starting next year. This is because insurance companies pay ...

Questions around governance and oversight of these digital sales channels are coming into sharper focus. Read more at ...

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance ...

Founded in 1925, Erie has continued to focus on affordability and exceptional customer service — two of the reasons we put it ...