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The Economic Times

Economy / The Economic Times

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Insurance commission: IRDAI extends time for feedback to October 31

The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had said recently. The objective is to move towards a more efficient regime without disrupting existing businesses or livelihoods. Some stakeholders have sought a longer transition period, while others have raised concerns about low-ticket policies, Seth had said. Larger insurers, smaller companies and new entrants have different concerns, as do various categories of insurance distributors.

26 Oct 2026 12:49 am