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Bancassurance tag returned 54 results

  • Indonesia: Insurance agents to continue to play big role in next 5 years

    The Indonesian Life Insurance Association (AAJI) is optimistic that their agency channel will continue to be big in the next five years despite the challenge of digital channels.

    Asia | 20 Jun 2018
  • Bank Partner of the Year 2018: Citibank, Hong Kong

    For its collaborative efforts and relentless focus on continuous improvement at all levels of its bancassurance partnership with AIA, Citibank has won Bank Partner of the Year at the 3rd Asia Trusted Life Agents & Advisers Awards.

    Agents | 08 Jun 2018
  • UAE: Prior regulatory approval a must for bancassurance products

    The UAE Insurance Authority (IA) has said that that all insurance companies and takaful operators have to obtain its authorisation before they sell products through banks.

    Middle East | 07 Jun 2018
  • The extraordinary growth of bancassurance

    Growth of life insurance in Asia has skyrocketed over the past five years, due to both the expansion of bancassurance channels and massive bancassurance deals, as well as a change in the demographic of the emerging markets of the region. It is a balance between the two that will allow life insurers to continue closing the protection gap, said BPI-Philam Life Assurance CEO Surendra Menon. "Whether this growth trend will continue in the future depends on how they and their bank partners tackle the seven major trends in bancassurance," he said.

    AIRPlus | 23 May 2018
  • Financial Adviser of the Year 2018: Nguyen Thi Thanh Lich

    For achieving outstanding performance to be named top adviser of Manulife Vietnam as measured by APE for two consecutive years, and her untiring efforts in helping to inspire others, Ms Nguyen Thi Thanh Lich was named Financial Adviser of the Year at the 3rd Asia Trusted Life Agents & Advisers Awards.

    Agents | 21 May 2018
  • The lure of rural India

    The rural and semi-urban regions of India contribute around 46% to the country's net domestic product and employ close to 70% of the total workforce in the country. This huge segment which is highly aspirational and has largely been neglected by governments in the past is witnessing an economic boom today and is at the core of all marketing plans and activities by companies of all hues and sizes and across segments. The insurance industry, too, sees huge potential in this segment as the government pushes financial inclusion and mass health insurance schemes across jurisdictions. We speak to Apollo Munich Health Insurance Company CEO Antony Jacob about the company's rural push and the huge opportunities that exist.

    AIRPlus | 16 May 2018
  • Asia: Attitude is key to success of bancassurance

    The insurance industry continues to constantly guide change as it aims to provide better products, services and solutions to cope with the needs of the public and the economy, said Mr Dennis B Funa, commissioner of the Philippines' Insurance Commission.

    Asia | 14 May 2018
  • Australia's former competition chief calls for banks to sell off financial planning businesses

    Forcing big banks to sell off their financial planning businesses should be under serious consideration, according to former Australian Competition and Consumer Commission chairman Allan Fels, in the wake of explosive evidence heard by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

    Agents | 23 Apr 2018
  • Shaken but not stirred

    The recent spate of fraud in a number of top banks in India has shaken up confidence in the banking sector but consumers' faith in insurers remain strong even if most insurance companies have bancassurance tie-ups and many have banks as promoters. These incidents should be seen as an opportunity for insurers to educate and create awareness among their customers about the safety of their investments. We speak to SBI Life Insurance director-operations, IT and international business Mr Anand Pejawar about the road ahead for insurers.

    AIRPlus | 17 Apr 2018
  • Newcomer MB Ageas Life dreams big

    MB Ageas Life (MBAL) is the newest player to enter Vietnam's life insurance market. Despite only starting operations in 2017, the insurer has managed to secure a spot among the top few companies in the bancassurance space and has also made an impression on consumers in its first brand marketing campaign with its fresh take on insurance. MBAL ExCo President Vu Hong Phu tells Asia Insurance Review more about the insurer's upcoming plans, as well as the challenges a new entrant faces.

    AIRPlus | 16 Apr 2018

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