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IRDAI's Latest Missive Can Miss The Target

IRDAI's Latest Missive Can Miss The Target
Photo: Free Press Journal · view original

The Insurance Regulatory and Development Authority of India’s (IRDAI) latest consultation paper has thrown the insurance sector into turmoil, affecting even insurers’ stocks. But it has a backstory. In 2023, IRDAI removed product-wise commission caps. It let insurer boards set payouts, subject on...

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