IRDAI to Cap Insurance Brokers' First-Year Commissions
The Insurance Regulatory and Development Authority of India (IRDAI) plans to set a maximum limit on brokers' first-year commissions. This move aims to reduce insurance premium costs for consumers and ensure better returns. The regulator's proposal seeks to prevent agents from benefiting disproportionately when customers pay higher premiums.
Bhaskar English·6h ago



