Emerging risks | Growth Opportunities | APAC Insurance

Wednesday, October 7, 2026

HKMA caps upfront commissions for banks selling par life policies

The move extends the Insurance Authority's remuneration framework to the bancassurance channel, requiring banks to spread the bulk of their commissions over at least five years.
Colorful assortment of banknotes from different currencies overlapped on a table, showing denominations such as 50, 100 and 1000.
June 26, 2026

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2 min read
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.