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IRDAI commission proposal: Insurance stocks slide for 2nd day following IRDAI proposal to cap commissions - The Economic Times
The insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for new commission regulations impacting distributors. This shake-up could impose caps on commissions at the product level, adversely affecting the earnings of platforms like PB Fintech and Turtlemint. Following the announcement, PB Fintech's stock plummeted, while SBI Life and ICICI Lombard also faced declines.
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IRDAI commission proposal may push PB Fintech closer to insurance manufacturing, says Yashish Dahiya - The Economic Times
https://economictimes.indiatimes.com/tech/technology/irdai-commission-proposal-may-push-pb-fintech-closer-to-insurance-manufacturing-says-yashish-dahiya/articleshow/134467779.cmsIRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your money - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-proposals-on-insurance-commission-leads-to-bloodbath-for-insurer-stocks-pb-fintech-max-life-sbi-life-what-happens-to-your-money/articleshow/134457957.cmsIrdai proposes big changes to insurance commissions; companies, agents may feel the pinch - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-proposes-product-wise-commission-caps-lower-expense-limits-for-insurers/articleshow/134444367.cmsExplained: Why PB Fintech, Turtlemint, SBI Life, HDFC Life and other insurance stocks tanked up to 26% on Thursday - The Economic Times
https://economictimes.indiatimes.com/markets/stocks/news/why-pb-fintech-sbi-life-hdfc-life-other-insurance-stocks-could-face-pressure-on-thursday/articleshow/134450720.cmsInsurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources say - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/insure/insurance-regulator-irdai-plans-overhaul-of-commission-rules-to-curb-mis-selling-sources-say/articleshow/132155581.cms