Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into ...
Discover how account current statements streamline insurance operations, detailing agent performance, premium exchanges, and ...
In addition, people in the know told NDTV Profit that IRDAI will decide commission limits through regulations.
The FCA report from September 2022, which Gove ordered, suggested that insurance commissions make up around 30% of premiums. Following this, Gove said in a letter to FCA CEO Nikhil Rathi on 30 January ...
Kenya’s insurance market had 14,648 agents at end of December 2023, marking a 63.6 percent increase from 8,955 in 2018. Insurance agents are either considered captive agents or independent. In Kenya, ...
The new standard could boost an individual's retirement savings by up to 20% over a lifetime. Antoni Shkraba/Pexels.com The US Labor Department's new proposed standard to protect retirement savers who ...
United News of Bangladesh on MSN
Individual agent commissions banned in non-life insurance from tomorrow
In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...
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