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Article: Bancassurance business flourishing.(FINANCE)
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- February 1, 2009
CopyrightCOPYRIGHT 2009 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A fast growth has been recorded for bancassurance business to follow the trend of insurance business in the country. Through cooperation with banks insurance companies could increase premium income as banks indirectly take part in the marketing of insurance products. Bank, on the other hand, earn fee-based income for its role. Bancassurance is a form of business promoting various pure insurance products combined with investment products, sold through bank distribution facility. Almost all insurance products could be offered through bancassurance, including education insurance, time insurance, and health care insurance, unit-linked etc.
Currently banks are ...
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Article: Intesa Sanpaolo to rationalise bancassurance ...
Global Banking News (GBN);
June 25, 2009 ;
402 words
... ... Intesa Sanpaolo to rationalise bancassurance business(C)2009 ENPublishing - http ... approved a plan to rationalise its bancassurance business, a move expected to bring significant ... bring the Intesa Sanpaolo Group bancassurance business to record gross premiums written ...
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