Fresh curbs on insurance commissions likely as expense breaches mount in FY25

Insurance regulators are concerned about rising distribution costs inflating premiums. This follows the removal of product-wise commission caps. Several life and non-life insurers exceeded expense limits in FY25. A committee is reviewing compensation norms amid surging breaches. Discussions are underway on potentially reinstating commission ceilings. This situation impacts policyholders and insurers.

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