Open to stakeholders' feedback on insurance commission reforms: IRDAI

IRDAI Chairman Ajay Seth said the insurance regulator is open to feedback from stakeholders on its plan to cap insurance commission and doesn't want to disrupt insurance agents' livelihoods. He added that the reforms may be rolled out in phased manner from January 1 or April 1. Seth further said IRDAI is considering concerns raised by smaller insurers and distributors.