IRDAI commission proposal could cut PB Fintech revenue by 30% by FY28, says analyst

Proposed changes to insurance commission rates by the Insurance Regulatory and Development Authority of India (IRDAI) could reduce PB Fintech’s revenue by around 30% by FY28 and push the company into losses, according to Ashi Anand of IME Capital.Anand said the draft consultation paper could reduce…