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Personal Finance News Releases
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(MoneyNewsWire.Net, August 05, 2015 ) Bancassurance, or bank insurance model (BIM), refers to an arrangement wherein insurance products are sold through banking channels via tie-ups. This is the result of the amalgamation of a bank and an insurance company aiming to reach out to a wider customer base. The concept originated in Europe in the 1980s and has now become popular the world over. Consolidation in the financial services sector is resulting in bancassurance becoming vital to the growth of the overall financial services market.
The analysts forecast global bancassurance market to grow at a CAGR of 6.16% over the period 2014-2019.
Covered in this Report
In this report, The covers the present scenario and growth prospects of the global bancassurance market for the period 2015-2019. To determine the market size, we use the total value of premiums collected by banks for the insurance policies sold to their customers. The market can be segmented into two: life bancassurance and non-life bancassurance.
The report, Global Bancassurance Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the landscape of the global bancassurance market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key regions
APAC
Europe
Latin America
MEA
North America
Key vendors
American Express
Banco Santander
BNP Paribas Cardif
Citigroup
Crédit Agricole
HSBC
ING
Wells Fargo
Other Prominent Vendors
ABN AMRO
ANZ
Banco Bradesco
Barclays
Crédit Mutuel
Intesa Sanpaolo
Lloyds Bank Group
NongHyup Financial Group
Nordea Group
Société Générale
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Market Driver
Enhancement in product portfolio of banks
Market Challenge
Risk to reputation of banks
Market Trend
Expansion by foreign insurers into emerging markets
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Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
About Us:
RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.
RnR Market Research
Ritesh Tiwari
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sales@rnrmarketresearch.com
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