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livemint.com > money > personal-finance > asit-rath-aviva-life-insurance-bancassurance-insurance-mis-selling-life-insurance-commissions-right-selling-11781077096995.html

Mis-selling, not claims, is life insurance’s biggest problem: Aviva CEO Asit Rath

3+ mon, 1+ day ago   (523+ words) As India's insurance regulator tightens norms around disclosures, commissions and distribution practices, insurers will need to move beyond transactional selling and focus on long-term customer relationships, according to Asit Rath, managing director and chief executive officer of Aviva Life Insurance....

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livemint.com > industry > rbi-draft-guidelines-mis-selling-by-banks-insurers-life-insurance-ulip-financial-products > amp-11771906436828.html

RBI’s mis-selling curb puts life insurers in focus

6+ mon, 2+ week ago   (379+ words) On 11 February, the Reserve Bank of India released draft guidelines that seek to make banks more accountable for the financial products they sell to individuals. The guidelines aim to prevent banks from mis-selling various financial products, especially life insurance plans…...