The IBAI claims that implementing hard caps on commissions without a comprehensive impact assessment affecting policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has called for meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has sent a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance industry. The association warns that the proposed commission caps could lead to job losses and market distortions.
The IBAI claims that implementing the strict commission limits without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has written a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance sector. The association warns that the suggested commission caps could result in job losses and market distortions.
The IBAI claims that implementing strict commission limitations without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has written a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance sector. The association warns that the suggested commission caps could lead to job losses and market distortions.
The IBAI claims that implementing strict commission limitations without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has written a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance sector. The association warns that the suggested commission caps could result in job losses and market distortions.
The IBAI claims that implementing strict commission limitations without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has written a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance sector. The association warns that the suggested commission caps could lead to job losses and market distortions.
The IBAI claims that implementing strict commission limitations without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.
The Insurance Brokers Association of India (IBAI) has written a letter to the Prime Minister and the Finance Minister, expressing concerns about the proposed changes in the insurance sector. The association warns that the suggested commission caps could result in job losses and market distortions.
The IBAI claims that implementing strict commission limitations without a comprehensive impact assessment on policyholders, public sector insurers, and foreign investment could create regulatory uncertainty for overseas investors. The association has requested meetings with the Prime Minister and Finance Minister, and urges the existing commission framework to continue until the scheduled review in 2028.