Insurance Cover Can Double to 30% in 5 Years, Says IRDAI Chairman; Account Aggregators Seen as Key Partner
NEW DELHI - IRDAI Chairman Ajay Seth has said India can double effective insurance cover from about 15% to 30%...
Ajay Seth
IRDAI Ready to Allow Transition Period for Commission Caps, but Not an Indefinite Delay, Says Ajay Seth
NEW DELHI – India's insurance regulator is willing to give insurers and distributors time to adjust to proposed limits on...
IRDAI Chief Draws Parallel With 2009 Mutual Fund Reforms, Says Insurance Needs a Comprehensive Overhaul
NEW DELHI: In 2009, India's mutual fund industry went through a reset that no single rule produced. Distribution norms, market...
IRDAI Chief Ajay Seth: Cut Costs, Correct Commissions, Tell Policyholders More
NEW DELHI: IRDAI Chairman Ajay Seth has said the insurance sector has to become far more cost-efficient, with commission rates...
IRDAI chief: 10% health co-pay ‘yet to reach’ regulator, ‘nobody is milking anything’
New Delhi: IRDAI Chairman Seth has said that the 10% co-pay on health insurance that insurers are considering has not...
IRDAI Could Enforce Insurance Commission Caps From January 1: Report
NEW DELHI, IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) may begin enforcing its proposed insurance commission caps...
IRDAI Chief Rules Out Glide Path Sought by Brokers on Commission Caps
New Delhi, IRDAI: Insurance regulator IRDAI has ruled out a gradual glide path for commission caps sought by brokers, while...
Congress MP asks IRDAI chief, FM Sitharaman to scrap “GST-like” complex insurance proposals
NEW DELHI, IRDAI: Congress Rajya Sabha MP Praveen Chakravarthy has asked the Insurance Regulatory and Development Authority of India (IRDAI)...
IRDAI Chairman: Insurance Costs Have Crept Back Up, and the Sector Must Go Back to Being Efficient
New Delhi, IRDAI: Insurers are not resisting the regulator's plan to change how insurance is sold in India, IRDAI Chairman...
Bima Sugam to Go Live by November, IRDAI Chairman Ajay Seth Confirms
Bima Sugam: Bima Sugam, India's long-awaited common insurance marketplace, will go live by November, IRDAI Chairman Ajay Seth has confirmed....
IRDAI Chairman Ajay Seth Defends Distribution Reform Paper, Says Market Reaction Reflects “Mature” Repricing
IRDAI: Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth said the regulator's newly released discussion paper on...
IRDAI Health Panel Discusses Stronger Underwriting at Point of Sale, NHCX Incentives
NEW DELHI - IRDAI Health Panel: The Insurance Regulatory and Development Authority of India (IRDAI) convened the third meeting of...
Amazon for Insurance? Why Bima Sugam Is IRDAI’s Brahmastra Against 30% Commissions
Bima Sugam: In Indian mythology, the Brahmastra is the weapon of last resort — used only when every conventional fix...
