This is with reference to the article ‘Tackling Mis-selling Malaise in Insurance,’ (Oct8). The suggestion to ask insurers to contribute 2 bps of annual gross premium, in addition to the PEPF created by the IRDAI for policyholder awareness and education, is a practical one and should be considered by the regulator with all seriousness. Mis-selling fundamentally undermines the very purpose of insurance. While insurance is meant for the financial protection and security of the policyholder, mis-selling subverts the process and becomes a long-term burden on the policyholder, or often leads to discontinuation of the policy. The problem is partly rooted in the incentive structure governing insurance distribution, particularly commission and other sales-linked remuneration.: इस घटनाक्रम पर आधिकारिक अपडेट दर्ज किया गया है। This refers to ‘Modest Rate Hike Cycle Commences’ (Oct8). The RBI’s cautious rate hike is understandable as inflation risks have resurfaced amid weak monsoon conditions and higher crude oil prices. However, repeated rate increases could affect household budgets, borrowing costs and private investment. The Reserve Bank should proceed gradually, guided by actual inflation trends, rather than temporary shocks. Better liquidity management can also prevent excessive tightening of credit conditions. The government should address food supply constraints, strengthen storage and distribution systems and monitor fuel prices. A coordinated approach can contain inflation while preserving economic growth.
## बाजार और अर्थव्यवस्था: क्या हुआ बड़ा बदलाव?
This is with reference to the article ‘Tackling Mis-selling Malaise in Insurance,’ (Oct8). The suggestion to ask insurers to contribute 2 bps of annual gross premium, in addition to the PEPF created by the IRDAI for policyholder awareness and education, is a practical one and should be considered by the regulator with all seriousness. Mis-selling fundamentally undermines the very purpose of insurance. While insurance is meant for the financial protection and security of the policyholder, mis-selling subverts the process and becomes a long-term burden on the policyholder, or often leads to discontinuation of the policy. The problem is partly rooted in the incentive structure governing insurance distribution, particularly commission and other sales-linked remuneration.
This refers to ‘Modest Rate Hike Cycle Commences’ (Oct8). The RBI’s cautious rate hike is understandable as inflation risks have resurfaced amid weak monsoon conditions and higher crude oil prices. However, repeated rate increases could affect household budgets, borrowing costs and private investment. The Reserve Bank should proceed gradually, guided by actual inflation trends, rather than temporary shocks. Better liquidity management can also prevent excessive tightening of credit conditions. The government should address food supply constraints, strengthen storage and distribution systems and monitor fuel prices. A coordinated approach can contain inflation while preserving economic growth.
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## प्रमुख वित्तीय आंकड़े और कंपनियों का रुख
• This is with reference to the article ‘Tackling Mis-selling Malaise in Insurance,’ (Oct8). The suggestion to ask insurers to contribute 2 bps of annual gross premium, in addition to the PEPF created by the IRDAI for policyholder awareness and education, is a practical one and should be considered by the regulator with all seriousness. Mis-selling fundamentally undermines the very purpose of insurance. While insurance is meant for the financial protection and security of the policyholder, mis-selling subverts the process and becomes a long-term burden on the policyholder, or often leads to discontinuation of the policy. The problem is partly rooted in the incentive structure governing insurance distribution, particularly commission and other sales-linked remuneration. • This refers to ‘Modest Rate Hike Cycle Commences’ (Oct8). The RBI’s cautious rate hike is understandable as inflation risks have resurfaced amid weak monsoon conditions and higher crude oil prices. However, repeated rate increases could affect household budgets, borrowing costs and private investment. The Reserve Bank should proceed gradually, guided by actual inflation trends, rather than temporary shocks. Better liquidity management can also prevent excessive tightening of credit conditions. The government should address food supply constraints, strengthen storage and distribution systems and monitor fuel prices. A coordinated approach can contain inflation while preserving economic growth. • Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. • We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
## ताजा स्थिति व आगे का अपडेट
इस विकास का सीधा प्रभाव संबंधित क्षेत्र और हितधारकों पर देखा जा रहा है। घटनाक्रम पर पैनी नजर बनी हुई है।
## बाजार और अर्थव्यवस्था: क्या हुआ बड़ा बदलाव?
This is with reference to the article ‘Tackling Mis-selling Malaise in Insurance,’ (Oct8). The suggestion to ask insurers to contribute 2 bps of annual gross premium, in addition to the PEPF created by the IRDAI for policyholder awareness and education, is a practical one and should be considered by the regulator with all seriousness. Mis-selling fundamentally undermines the very purpose of insurance. While insurance is meant for the financial protection and security of the policyholder, mis-selling subverts the process and becomes a long-term burden on the policyholder, or often leads to discontinuation of the policy. The problem is partly rooted in the incentive structure governing insurance distribution, particularly commission and other sales-linked remuneration.
This refers to ‘Modest Rate Hike Cycle Commences’ (Oct8). The RBI’s cautious rate hike is understandable as inflation risks have resurfaced amid weak monsoon conditions and higher crude oil prices. However, repeated rate increases could affect household budgets, borrowing costs and private investment. The Reserve Bank should proceed gradually, guided by actual inflation trends, rather than temporary shocks. Better liquidity management can also prevent excessive tightening of credit conditions. The government should address food supply constraints, strengthen storage and distribution systems and monitor fuel prices. A coordinated approach can contain inflation while preserving economic growth.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
## प्रमुख वित्तीय आंकड़े और कंपनियों का रुख
• This is with reference to the article ‘Tackling Mis-selling Malaise in Insurance,’ (Oct8). The suggestion to ask insurers to contribute 2 bps of annual gross premium, in addition to the PEPF created by the IRDAI for policyholder awareness and education, is a practical one and should be considered by the regulator with all seriousness. Mis-selling fundamentally undermines the very purpose of insurance. While insurance is meant for the financial protection and security of the policyholder, mis-selling subverts the process and becomes a long-term burden on the policyholder, or often leads to discontinuation of the policy. The problem is partly rooted in the incentive structure governing insurance distribution, particularly commission and other sales-linked remuneration. • This refers to ‘Modest Rate Hike Cycle Commences’ (Oct8). The RBI’s cautious rate hike is understandable as inflation risks have resurfaced amid weak monsoon conditions and higher crude oil prices. However, repeated rate increases could affect household budgets, borrowing costs and private investment. The Reserve Bank should proceed gradually, guided by actual inflation trends, rather than temporary shocks. Better liquidity management can also prevent excessive tightening of credit conditions. The government should address food supply constraints, strengthen storage and distribution systems and monitor fuel prices. A coordinated approach can contain inflation while preserving economic growth. • Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. • We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
## ताजा स्थिति व आगे का अपडेट
इस विकास का सीधा प्रभाव संबंधित क्षेत्र और हितधारकों पर देखा जा रहा है। घटनाक्रम पर पैनी नजर बनी हुई है।
पूरी खबर, विस्तृत घटनाक्रम और विश्लेषण पढ़ने के लिए क्लिक करें
