Finance
ComedianIRDAI Report: Insurance Market Mein Mis-Selling Ka Drama!
Arre bhai, IRDAI ki annual report aayi hai! Insurance market mein mis-selling ka chakkar hai, jaise koi chaat wala aapko dahi puri nahi, sirf dahi de raha ho! Unhone kaha, bhai log, product ki suitability check karo aur complaints ka dhyan rakho. Life insurance mein profit 18% badha, jaise IPL mein chhakka maar diya ho! Toh sochiye zara, governance mein sudhar ki zarurat hai!
few days ago | Aathira Varier
Quick rundown
1.Mis-selling in India's insurance sector is a major concern.
2.Insurance penetration in India remained steady at 3.7% in FY25.
3.Life insurance profits surged by 18.14% in FY25.
4.Non-life insurance claims increased by 9.46% year-on-year.
5.Irdai urges insurers to conduct root-cause analyses to tackle mis-selling.
