Hong Kong eyes tenfold levy cap rise for big-ticket life policies
The regulator, running a deficit, is also reviewing premium-financed sales The Insurance Authority (IA) has proposed raising the premium levy cap on long term policies by up to tenfold, a change that would only reach policies with premiums above HK$100,000 (US$12,746). The consultation, launched on November 4, 2026, arrives while the regulator is also reviewing…