Insurance Distributors Face a Tough Time with Commission Cuts

Insurance distributors are feeling the pinch after Irdai decided to slice commissions like a bad haircut. PB Fintech took a dramatic plunge of 36 percent, while Turtlemint fell 20 percent. Analysts warn that these cuts could mean serious trouble for earnings, especially in health and motor insurance. However, some insurers like SBI Life and LIC might just ride out the storm better than the rest.