Strong demand for wealth, retirement and legacy products, paired with changing capital regimes are pushing Asian life insurers toward equities and alternative assets as industry investments surge.
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.
While Hong Kong insurers are expected to weather China’s crackdown with little direct impact, the ratings agency said stricter controls on capital outflows could pressure premium growth prospects.
