Furthermore, bancassurance serves as a valuable platform for promoting financial literacy among customers. By capitalising on their unique strengths and capabilities, banks and insurers can engage ...

Bancassurance growth for PSU bank-led life insurers slows in FY25 due to changes in incentive structures and shift in focus ...

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed changes in the bancassurance model.

The DFS Secretary is said to have acknowledged that bancassurance could play a critical role in deepening insurance penetration across the country.

Under the current system, for an insurance policy with an annual premium of ₹1,000, a bank earns an 18% commission, or ₹180, ...

A renewed focus on core business, discontinuation of incentives for employees, and customer movement to digital purchases of ...

In 2004, the Central Bank of Kenya (CBK) took a significant step by granting the first commercial bank the authority to operate a bancassurance business. This landmark decision paved the way for ...

HANOI: The Vietnamese bancassurance market is heating up with a notable exclusive bancassurance agreement signed between LienVietPostBank and Dai-ichi Life Insurance Co of Vietnam (Dai-ichi Life ...

Manulife Philippines, a local unit of global financial services leader Manulife, and Manulife China Bank Life (MCBL), the strategic alliance between ...

Absa Bank’s double-digit growth rate of 13% and 17.46% market share was attributed to its robust product offering, a very ...

BPER Banca SpA (BPXXY) achieves its best-ever quarterly net profit, driven by strong revenue growth and operational efficiency, while navigating interest rate and geopolitical challenges.