BusinessIRDAI Chairman Says Proposed Reforms Will Boost Insurance Adoption
The IRDAI chairman stated that the regulator's proposed reforms aim to increase insurance adoption and make the process of buying insurance more consumer-friendly. These reforms include measures to enhance transparency in motor insurance commissions and may impose stricter penalties on insurance mis-selling through commission claw-backs. The changes are expected to impact companies like Policybazaar, PB Fintech, HDFC Life, and SBI Life.
Moneycontrol.com·11h ago




