Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hit

Read more at:https://economictimes.indiatimes.com/industry/banking/finance/insure/insurance-brokers-oppose-irdai-commission-caps-warn-of-60-70-revenue-hit/articleshow/134737989.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Insurance brokers are opposing the Insurance Regulatory and Development Authority of India’s (IRDAI) proposed changes to distribution norms, warning that caps on

Repo Rate- BusinessLine Editorial [1] A strong case to change course [2] Most important factor that argues for a policy rate hike at this juncture is the fresh onslaught on the rupee with a renewed barrage of FPI selling in Indian stocks in recent weeks [2] With the return of global inflation fears, bond yields in the developed world have risen sharply [3] US 10 year gilt trades at 25 year high, Japan at a 30 year high [4] Higher yields in these markets usually lead to FPI’s switching on their risk trade-off in emerging markets [ like India ] — Courtesy BusinessLine

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