The IRDAI extended the deadline for feedback on proposed distribution reforms until October 31, 2026. The regulator said, "In view of the significant interest and to facilitate wider participation, the last date for submission of comments has been extended." Many stakeholders now have more time to share their valuable views.
A consultation paper on the proposed distribution reforms was released by the IRDAI proposing significant changes in the current regulation including caps on commissions and expenses of management
The Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for submitting of feedback on the proposed distribution reforms till October 31, 2026.
"The consultation has received an encouraging response, with over 650 comments received so far. In view of the significant interest and to facilitate wider participation, the last date for submission of comments has been extended till 31st October 2026, providing additional time to stakeholders and members of the public to submit their feedback and suggestions,'' the regulator said in a statement.
A two-part consultation paper on the proposed distribution reforms, titled 'Recalibrating Economics of Insurance Distribution' was released by the IRDAI proposing significant changes in the current regulation including caps on commissions and expenses of management.