In a first, the Insurance Regulatory and Development Authority of India (Irdai) has proposed enhanced disclosure norms for insurance intermediaries earning commissions above a prescribed threshold. Aiming to curb misselling of insurance policies, the regulator has released a consultation paper proposing that insurance intermediaries disclose details of commission income, related-party transactions, profits earned and dividend repatriation. Under the exposure draft, corporate agents, brokers, insurance marketing firms and web aggregators earning more than Rs 10 crore in commission income in a financial year will be required to annually disclose to Irdai details of commissions earned, related-party transactions, profits and dividends. These entities will also have to publish the disclosures on their websites.