Ajay Seth, Chairman of the Insurance Regulatory and Development Authority of India (Irdai), addressed significant issues in the insurance sector during the authority's 133rd meeting in December 2025. He noted a concerning rise in commissions, which indicates a reliance on high-cost distribution methods rather than efficient digital solutions. This structure erodes policyholder value, particularly in long-term products, and undermines trust in the sector. Seth also pointed to persistent underwriting losses among non-life insurers and an increase in complaints related to health and motor insurance as areas needing regulatory focus. As of November 2025, total premium collections reached ₹8.02 trillion, reflecting a 9.86% growth, with life insurance accounting for nearly 80% of this figure. The meeting also reviewed the financial stability of insurers, highlighting that assets under management rose to ₹78.48 trillion. Seth mentioned ongoing regulatory processes for new insurance registrations and the authority's plans to draft a consultation paper on implementing Indian Accounting Standards (Ind AS) in the sector.