Life insurance companies paid over Rs 42,000 crore as commission in FY 2022-23: Irda report
The Insurance Regulatory and Development Authority of India (IRDAI) has released its annual report for the financial year 2022-23. According to the report, life insurance companies paid a total commission of Rs 42,322 crore during the financial year 2022-23. Commission expense increased slightly from 5.18% in FY 2021-22 to 5.41% in FY 2022-23. The percentage … Read more