14-Oct-2026 11:49:07
POLICYBZRGeneral news
PB FINTECH, TURTLEMINT: IRDAI unlikely to extend October 25 deadline for feedback on distribution reforms - ETNOW 🔴🔴
IRDAI Chairman Ajay Seth has held multiple discussions with insurers, brokers and other stakeholders IRDAI Chief tells insurers that benefits of reforms must be passed on to policyholders Brokers' body IBAI raises concerns over proposed commission caps and expense limits IBAI seeks more time to assess the impact of proposed reforms Insurance industry has already submitted its views to DFS, Finance Ministry Insurers, brokers, policyholders and the public can submit feedback to IRDAI until October 25, 2026 Distribution reforms aim to reduce costs and improve benefits for policyholders IRDAI distribution reforms may take effect from January or April 2027
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