Proposed Irdai norms need a longer glide path say life insurance leaders

Описание: Life insurance companies have called for a longer transition period to implement the proposed distribution reforms, saying the changes could lower costs and improve customer outcomes but need to account for differences in insurers’ scale, business models and distribution networks. Speaking at the Business Standard BFSI Insight Summit 2026 in Mumbai, industry executives backed the broad objectives of the Insurance Regulatory and Development Authority of India’s (Irdai’s) consultation paper. Still, they sought changes to the proposed timelines and commission structures.

#irdai #lifeinsurance #businessnews
Important Playlists
National News:    • Nation  

Business News:    • Business  

World News:    • World  

BS Decoded:    • BS Decoded  

Want access to Business Standard’s premium insights? Join our exclusive LinkedIn communities and connect with top voices in the BFSI space—on topics that matter to you!

BFSI Circle –   / 9867761  
Business Standard Reader's Group –   / 5013698  

Hello viewers! Guess what? We're now on WhatsApp Channels! Dive into real-time news updates, insights, and much more. Follow us: https://whatsapp.com/channel/0029Va6c...

Subscribe to BS Hindi YouTube Channel:    / @bshindinews  

Download the all-new Business Standard app:
https://bit.ly/App-BS

Join us:
  / bsindia  
  / bsindia  
  / business.standard