Major life insurance companies such as Samsung Life Insurance and Mirae Asset Life Insurance were fined over 4.4 billion KRW for engaging in so-called 'unfair policy replacement' sales practices, ...

Agent commissions rose sharply across India’s insurance industry in 2024-25, growing significantly faster than premium ...

ASSISTANT Treasurer Josh Frydenberg has taken on board recommendations made by the financial services industry to improve life insurance, a sector the corporate supervisor believes is dogged by bad ...

The Reserve Bank of India (RBI) has raised concerns over rising distribution commissions in the insurance industry, noting ...

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has ...

The country’s life insurance industry is looking for equal GST rate cuts for insurance premiums, reinsurance and commissions for protection plans to pass on the rate cut benefit fully to the ...

The Financial Planning Association (FPA) has released a consultation paper around life insurance calling for upfront commissions to be capped at four times the level of ongoing payments with insurers ...

Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward ...