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Personal Finance / The Economic Times

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Mis-selling in insurance sector significant concern: Irdai

Insurance regulator Irdai has flagged mis-selling as a major issue. Grievances related to unfair business practices have risen significantly. Insurers are now advised to perform root cause analysis to tackle this problem. Insurance penetration remains static, below global averages. However, insurance density shows a modest increase, indicating consistent growth since 2016-17.

4 Jan 2026 2:40 pm