Bancassurance

LIC partners with RBL Bank to expand bancassurance reach

LIC partners with RBL Bank to expand bancassurance reach

This will enable RBL Bank customers to access LIC’s life insurance products.
2 days ago

RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia

RHB will distribute life insurance, family takaful, and general takaful products.

Mitsui Sumitomo Insurance targets Chinese nationals in Thailand

The Chinese accounted for 53% of foreign students in Thai universities last year.

MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand

It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.

PAObank secures insurance agency licence

It also inked a deal with China Ping An Insurance and FWD Hong Kong.

Prudential, StanChart cement 25 years of bancassurance tie-up

They have the longest-running bancassurance partnership in Singapore and Asia.

Bancassurance slated for $569b by 2029

Thanks to widespread use of smart devices and internet connectivity.

India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal

The collaboration will leverage IPPB’s network of 650 banking outlets.

Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion

The bank will distribute PJICO’s non-life insurance products.

FWD HK, Bank SinoPac ink deal on bancassurance for HNW market

The partnership aims to enhance wealth growth and legacy planning.

Blue Cross Insurance, Public Bank ink bancassurance agreement

The insurance products provide travel coverage and combined protection benefits.

Vietnamese bank expands into non-life insurance sector

Other banks which made the same move are VietinBank, Agribank, and HDBank.

Asia Pacific drives 54% of bancassurance market growth

The market is seen to expand by 6.74% this year.

How bancassurance can overcome data sharing challenges

A varied regulatory environment remains a consistent challenge for data sharing.

SBI General Insurance, HSBC seal bancassurance partnership

The bank will offer SBI General Insurance’s entire non-life offerings.

Allianz and HSBC launch new life insurance plan

The plan comes with a premium starting from RM6,000.

Indian bank launches new low-cost accident insurance

The coverage also has additional benefits such as free health consultations.