Emerging risks | Growth Opportunities | APAC Insurance

Monday, November 9, 2026

Bancassurance, Brokerage, Distribution, Life and Health, Non-life, Regulatory

Indian banks weigh higher sales volumes to offset proposed insurance commission caps — report

Central Bank of India expects bancassurance fees to fall 33%, while Canara Bank estimates a ₹1.5bn (US$16m) hit to fee income.

By

Gloria Methri

October 19, 2026

•

3 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

Survey finds 70% of insurance buyers support IRDAI’s proposed commission caps October 5 2026
IRDAI's proposed commission caps draw sharp pushback from brokers October 5 2026
Higher equity holdings weigh on China Taiping’s capital as Fitch affirms ‘A-’ rating October 26 2026
IRDAI proposes commission caps and lower expense limits, rattling insurance stocks September 24 2026
Insurers, brokers may get transition relief ahead of commission caps, says IRDAI's Seth October 15 2026
IRDAI chief downplays stir over commission caps, stands by data October 12 2026