AIR+03 Apr 2019

Bancassurance needs to go digital - McKinsey

| 03 Apr 2019

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.

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