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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, November 10, 2026

IRDAI fines ICICI Lombard $105k over outsourcing governance lapses

The penalty relates to ICICI Lombard's failure to document ₹7.10bn (US$75.1m) of sales, marketing and business support spending in FY2019, part of which went to agents of other insurers.
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September 8, 2026

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4 min read
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