Capitals News
Rs 1.18-cr fine on ICICI Pru for breach of agent fee norms
The insurance regulator has slapped a fine of Rs 1.18 crore on ICICI Prudential Life, India’s second-largest private life insurer, for violating norms pertaining to commissions paid to corporate agents, referral agents and brokers.
The insurer was charged on six counts after the Insurance Regulatory and Development Authority (Irda) conducted inspections between November and December 2010 for
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