India’s insurance regulator has extended the deadline for feedback on proposed insurance distribution reforms to October 31, 2026. The Insurance Regulatory and Development Authority of India (IRDAI) said the extension gives stakeholders and the public more time to submit comments and suggestions.
Insurance distribution reforms under consultation
IRDAI said it had received more than 650 comments on the consultation and extended the deadline in response to significant interest and to encourage wider participation.
The two-part consultation paper, titled Recalibrating Economics of Insurance Distribution, proposes changes to existing regulation, including rules on caps on commissions and expenses of management. The changes remain proposals.
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