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Insurance Stocks Come Under Pressure Over Proposed Commission Limits, IRDAI Targets Stronger Policy Renewals

Insurance Stocks Come Under Pressure Over Proposed Commission Limits, IRDAI Targets Stronger Policy Renewals
Photo: Free Press Journal · view original

New Delhi: Insurance shares fell sharply on Thursday after the Insurance Regulatory and Development Authority of India (IRDAI) proposed commission caps for life insurance policies. Insurance and related stocks declined between 10% and 20%, according to IANS. The draft aims to reduce the emphasis...

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