Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into regulations and ethical practices.
Agent commissions rose sharply across India’s insurance industry in 2024-25, growing significantly faster than premium ...
In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...
Speaking to a news channel, M Nagaraju, Secretary, Department of Financial Services, said that the Insurance Regulatory and ...
The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...
The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...
IRDAI to release draft regulations on insurance commissions as M Nagaraju highlights government plans for tighter oversight ...
Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...
This column responds to some of those comments. Regarding insurance agent commissions, we reported in the story that Blue Cross paid out $15 million in sales commissions last year, or 3 percent of the ...
What was your immediate reaction to that term? Probably not the most positive. Many of us have experienced an old friend ...
In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...