Industry Reports

Facing steep expense cuts under proposed Irdai caps, insurers seek gentler glide path

Thursday, October 15, 2026 - 23:01
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Facing steep expense cuts under proposed Irdai caps, insurers seek gentler glide path
Draft rules requiring general insurers to trim expense of management (EoM) ratios by up to 13.6 percentage points and life insurers by 10.9 points by FY29 are prompting calls for a phased transition.

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