VERIFIEDET Markets·24 Sept 2026negative

Explained: Why PB Fintech, SBI Life, HDFC Life and other insurance stocks tanked up to 10% on Thursday

AI Summary

·IRDAI has proposed reforms in insurance distribution, including a ban on dark patterns.
·The proposed changes also include lower Expense of Management limits and greater commission transparency.
·These reforms could impact customer acquisition costs and distribution economics for insurers and insurance platforms.