Irdai's Enchanted Decrees for Insurance Wizards Revealed

In the enchanted realm of insurance, the wise Irdai wizards summoned their scrolls on a fateful Wednesday, declaring that life insurers must lower their management potions to 15% in two moons. General insurers, too, must shift their spells to a new benchmark, all in pursuit of conjuring better value for the magical folk and ensuring the sustainability of their enchanted safety nets.