Insurers may pass on commission costs

[IndiaInsurance]

https://img.etimg.com/photo/93964090.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/insurers-may-pass-on-commission-costs/articleshow/93964090.cms)Last week, Irdai proposed to lift the ceiling on commissions on individual lines of non-life business subject to an overall cap of 20%. There is also an overall expenses cap of 30% for non-life and 70% for life companies.

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