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Bancassurance tag returned 92 results

  • Malaysia: Syarikat Takaful's bancassurance partnerships expected to boost earnings

    Syarikat Takaful Malaysia Keluarga Bhd's (STMKB) strong bancassurance partnerships with four major partners, including Bank Islam Malaysia, Bank Rakyat and Affin Bank, will continue to be the major contributor to boost STMKB's earnings, said RHB Research.

    Middle East | 13 May 2019
  • OIC doubles down on helping insurers enter the digital era

    Thailand's Office of Insurance Commission deputy secretary-general, examination Mr Chuchatr Pramoolpol delivered a keynote address at the 20th Asia Conference on Bancassurance and Alternative Distribution Channels held by Asia Insurance Review

    AIRPlus | 09 May 2019
  • Digital transformation is essential to survival: Thailand OIC

    Thailand's Office of Insurance Commission deputy secretary-general, examination, Chuchatr Pramoolpol struck a warning note during a keynote address yesterday when he advised that insurers must "prepare for emerging risks."

    Asia | 30 Apr 2019
  • Zurich Malaysia and Alliance seal 15-year bancassurance & bancatakaful deals

    Zurich Malaysia has inked an exclusive 15-year bancassurance and bancatakaful agreements with Alliance Bank Malaysia and its subsidiary Alliance Islamic Bank to offer its general insurance and general takaful products across the bank's distribution network in the country.

    Middle East | 28 Apr 2019
  • Malaysia: Insurer looks to bancassurance and bancatakaful for digital growth

    From 1 May, Alliance Bank Malaysia and its subsidiary Alliance Islamic Bank will offer Zurich Malaysia's general insurance and general takaful products for individuals and SMEs via an exclusive 15-year bancassurance and bancatakaful agreement with Zurich General Insurance Malaysia and Zurich General Takaful Malaysia.

    Asia | 24 Apr 2019
  • Alliance Bank and Zurich Malaysia Announce 15-Year Bancassurance & Bancatakaful Tie-up

    Alliance Bank Malaysia and its subsidiary Alliance Islamic Bank today inked an exclusive 15-year bancassurance and bancatakaful agreements with Zurich General Insurance Malaysia and Zurich General Takaful Malaysia. The strategic tie-up offers Zurich's general insurance and general takaful products across the Bank's distribution network.

    Agents | 22 Apr 2019
  • Singapore-based bank forays into pet insurance market

    With pet insurance being a novel product in the Singapore market, there are currently a handful of market players. And the latest player in this market is surprisingly a bank selling policy plans for domestic dogs and cats which start from S$74.90 ($55.33) a year. Called 'My Paw Pal', the pet insurance is offered by CIMB Bank Singapore as part of its non-life bancassurance partnership with Sompo Insurance Singapore. Other pet insurance products in Singapore include AON Happy Tails, Liberty PetCare and AIA Paw Safe.

    Latest News | 17 Apr 2019
  • First bank-insurer partnership in Malaysia offers latest digital insurance solution

    Under a bancassurance partnership, AIA and Citi Malaysia have collaborated to launch an end-to-end digital channel that allows Citi customers to purchase AIA's suite of insurance products and solutions online. This initiative leverages both AIA and Citi's digital capabilities using Citi's application programming interface (API) connectivity, seeking to enable a seamless and secure online experience for customers. The first insurance product to be offered under this initiative is AIA's comprehensive critical illness plan, CI Care Plus.

    Latest News | 09 Apr 2019
  • Regulator issues work plan for insurers managing insurance intermediaries

    The CBIRC has issued its "2019 Insurance Intermediary Market Chaos Remediation Work Plan", which mainly includes three key tasks: to lay down insurance companies' responsibility for the management of various intermediary channels; to audit insurance intermediaries for compliance with regulations; and to strengthen third-party online distribution cooperation.

    China | 05 Apr 2019
  • Bancassurance needs to go digital - McKinsey

    A recent McKinsey report said that bancassurance sales grew across all regions from 2011 to 2017, with Latin America leading the way (12.3%), and Asia Pacific coming in close behind (9.2%). The growth of the bancassurance channel in both regions can be attributed to banks' motivation to increase revenues in the face of shrinking net interest margins.

    AIRPlus | 03 Apr 2019


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