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News 2026-10-06 08:51 UTC

Indian insurance brokers oppose regulator's proposed reforms

Oct 6 (Reuters) — Indian insurance brokers are opposing reform proposals from the country's regulator, including caps on commissions paid to banks, brokers, and agents, according to letters from the Insurance Brokers Association of India (IBAI) to the finance minister and prime minister, seen by Reuters. The Insurance

News 2026-10-06 08:50 UTC

Indian insurance brokers oppose regulator's proposed reforms

Indian insurance brokers are opposing reform proposals from the country's regulator, including caps on commissions paid to banks, brokers, and agents. These proposals were outlined in letters from the Insurance Brokers Association of India (IBAI) to the finance minister and prime minister.