Bancassurance
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Proposals submitted to the Monetary Board include the expansion of products that banks can cross-sell beyond bancassurance and credit cards. Bancassurance give banks more business and expand the network for the insurance sector, but banks have to request ...
May 25, 2012 at 11:39 | Source: Manila Bulleting Online
Looking to build on recent successes, Bahrain's insurance sector is reaching out to potential clients through greater use of tools such as bancassurance. The sector is also hoping plans for increased infrastructure spending will boost the call for coverage ...
May 16, 2012 at 23:59 | Source: Zawya.com
Jubilee said it aims to tap into diversified distribution channels such as bancassurance, mobile technology, micro insurance, retail outlets as well as on-line avenues to access and service clients effectively across its growing African network.
May 25, 2012 at 05:05 | Source: Rwanda New Times
SUN Life Grepa Financial Inc., the joint venture company of Sun Life Financial and the Yuchengco Group that has an exclusive “bancassurance alliance” with the Rizal Commercial Banking Corp., collected in excess of P1 billion in total premiums in the ...
May 21, 2012 at 15:47 | Source: Sun Star
Among the areas that they are strongly focusing on to garner a larger slice of the non-interest income business are in investment banking and treasury activities, wealth management and bancassurance. OCBC Bank (Malaysia) Bhd, whose non-interest income ...
May 14, 2012 at 23:33 | Source: star.com.my
For me, the biggest benefit was having known the individuals I hired for a long time [I used to work at HSBC], so perhaps my reasons for employing someone from the bancassurance sector are different, but I still think there are benefits.
May 14, 2012 at 15:34 | Source: Citywire.co.uk
Insurers are also focusing more on bancassurance, whereby they pay a fee to banks to sell their products. According to a Towers Watson report, Indian banks have more than 70,000 branches and “400m retail customers, and only about 1 per cent of them have ...
May 27, 2012 at 03:58 | Source: Financial Times
In addition, this division operates as a general insurance and bancassurance distributor, and offers range of long-term savings, investment, and general insurance products. Its Wholesale division provides banking and related services to multinational ...
May 25, 2012 at 20:00 | Source: Yahoo Finance
Non-Life Insurance – Bancassurance Commission Paid (GBP Billion), 2007–2011 Table 84: Non-Life Insurance – Bancassurance Commission Paid (GBP Billion), 2011–2016 Table 85: Non-Life Insurance – Written Premium Through Bancassurance (GBP Billion ...
May 21, 2012 at 14:57 | Source: SBWire
The reduction in business has had the greatest impact on insurers that use a bancassurance model - in which they partner with a bank to sell their products - but the increasingly attractive deposit rates offered by the banks means the effect has ...
May 24, 2012 at 10:14 | Source: Reuters UK