Star Health Signals Shift to Retail Bancassurance Amid Rule Changes
Star Health CFO Nilesh Kambli suggests group health business may move to retail channels via banks as IRDAI proposes new distribution commission caps.
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Bandhan Bank Projects ₹200 Crore Impact from IRDAI Distribution Norms
Bandhan Bank estimates a ₹200 crore annual hit to fee income from proposed IRDAI distribution norms, highlighting the shift toward cost-linked commission models in bancassurance.
Read articleBanks and SFBs Seek Transition Period for IRDAI Commission Reforms
Lenders mobilize through IBA and ASFBI to address IRDAI’s proposed insurance distribution reforms, citing risks to fee income and the need for a phased transition.
Read articleIRDAI Extends Deadline for Insurance Distribution Reform Feedback
IRDAI extends the feedback window for distribution reforms to October 31, signaling a critical recalibration phase for insurance commission structures and unit economics.
Read articlePrivate Banks Pivot Fee Strategies Amid IRDAI Commission Caps
Private lenders are exploring new fee income streams and efficiency gains as IRDAI proposes cuts to insurance distribution commissions.
Read articleUnion Bank Projects ₹110 Crore Fee Income Impact from IRDAI Norms
Union Bank of India expects a significant impact on fee income due to proposed IRDAI distribution norms, signaling a shift in bancassurance revenue models for PSU banks.
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