Alerts & Updates 27th May 2026

IRDAI Tightens Governance Norms on Remuneration of Key Management Persons

Authors

Rajiv Xavier RozarioAssociate | Mumbai
Vivek DaswaneyPartner & Head – Employment and Labour | Mumbai

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IRDAI’s 25 May 2026 circular marks a further shift towards policyholder-linked, risk-aligned and disclosure-led remuneration for KMPs of insurers.

Private sector insurers should revisit remuneration policies, KMP scorecards and employment documentation, while insurers generally should strengthen website-based disclosure frameworks.

Read the article here

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