Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

Recent data from the Insurance Regulatory and Development Authority of India (IRDAI) reveals that life insurance companies paid an average commission of 4.03% to distributors for Unit-Linked Insurance Plans (ULIPs) in 2024, up from 3.13% in 2023. The total commission...
Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

Eight of the top 10 firms saw their market capitalization increase by a combined Rs 1.69 lakh crore, with Bajaj Finance leading the gains, while LIC and HUL were the only two to lose value.

The market capitalization (M-cap) of the top-10 firms in India witnessed a significant surge, with eight out of the ten companies adding a staggering Rs 1.69 lakh crore to their cumulative valuation. Bajaj Finance emerged as the leader of the rally, with its M-cap...