Chart 3.5.1Gross & Net Commission

Source: Council Compilation as per source
data submitted by companies
*Note: GDP includes India and Abroad

The Gross Commission rose from ₹6,003 crores in 2015-16 to ₹47,923 crores in 2024-25, representing 15.4% of the Gross Direct Premium Income (GDPI) in 2024-25, as compared to 13.9% in the previous year. The reason for the increase in commission is the change in the EOM & Commission regulations brought out by IRDAI in 2023-24. Increasing the limit of commission expenses paid upto 30% of the premium received.

Increase in the rates of commission as allowed by IRDAI, referred to previous graph above has resulted in increase in the commission payouts to almost all channels of intermediaries.

Chart 3.5.2Gross Commission Channel-wise (2024-25)

Source: Public Disclosure data (NL6 of companies)
Note: Corporate Agents share in above charts includes
business through Bancassurance channels