In fiscal year 2024-25, only 17 out of 25 life insurance companies in India adhered to the Insurance Regulatory and Development Authority of India's (IRDAI) revised expense regulations. Eight insurers exceeded the allowable limits on expenses, including commissions and administrative costs, raising concerns about cost efficiency and business model sustainability. Despite steady premium growth, the industry's gross expenses of management represented 15.60 percent of total gross premium for the year.