IRDAI reform fatigue warning: Insurance sector needs stability, not more policy change

Industry leaders including ICICI Prudential's Nilesh Sathe warned that repeated regulatory changes spanning surrender value norms, expense rules, governance, IND AS transition, and upcoming commission regulations are causing "reform fatigue," per ET BFSI. Insurtech builders should expect incumbents to focus on compliance and integration rather than innovation—this is a consolidation window, not a greenfield opportunity window.

Source: ET BFSI ↗