IRDAI Proposes Strict Disclosures for Insurance Intermediaries Earning Over 10 Crore in Commissions

The Insurance Regulatory and Development Authority of India (IRDAI) has released a consultation paper proposing enhanced disclosure norms for…

These entities must annually disclose details of the commission earned, related party transactions, profits, and dividend repatriated. The disclosures must be submitted to IRDAI and also published on the…