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India Regulator Promises Smooth Transition

India insurance regulator chairman Ajay Seth pledged an orderly transition to proposed commission reforms. The rules aim to curb mis-selling and lower costs without disrupting market players.

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India's Economic Affairs Secretary Ajay Seth speaks during a news conference at the end of G20 finance ministers' and Central Bank governors' meeting on the outskirts of Bengaluru, India, February 25, 2023. REUTERS/Samuel Rajkumar

India's insurance regulator plans an orderly transition to proposed commission caps, aiming to avoid market disruption while lowering policy costs.
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