Insurance stocks slide for 2nd day following IRDAI proposal to cap commissions

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 25 Sept, 13:44 UTC

The insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for new commission regulations impacting distributors. This shake-up could impose caps on commissions at the product level, adversely affecting the earnings of platforms like PB Fintech and…