50% of complaints against pvt life insurance companies in 22-23 were unfair business practice grievances: IRDAI

The total number of grievances lodged against all life insurers in India decreased from 1,54,826 in 2021-22 to 1,27,378 in 2022-23, as per the report. Grievances against private sector life insurers increased from 40,624 in 2021-22 to 45,884 in 2022-23.

from Personal Finance News-Wealth-Economic Times https://ift.tt/QfG3woi