Bancassurance unstoppable in its rise

Contretras, Manuelita
November 2010
Asia Insurance Review;Nov2010, p44
Trade Publication
The article offers information on the status of the bancassurance, which has gained clout in the life insurance distribution scene in Taiwan. It reveals that the bancassurance has become the chief source of local premium income. Moreover, Chris James, chief executive officer (CEO) of Allianz Taiwan Life Insurance Co. informs that the banks and agents will continue to play a significant role in the life insurance distribution front wherein a multi-channel strategy has been provided.


Related Articles

  • Taiwan: Allianz Renames Taiwan Unit.  // Asia Insurance Review;Aug2007, p33 

    The article reports on the move of Allianz SE to rename its Taiwan unit Allianz President Life as Allianz Taiwan Life Insurance Co. (AZTL) after its transaction to acquire the minorities held by former joint-venture partner Uni-President Group was approved by the regulatory authorities in June...

  • Selling Life Insurance Means Banks Must Cope with Commitment Anxiety.  // Bank Investment Consultant;Jul2001, Vol. 9 Issue 7, p18 

    Explains the need for banks to become more committed to concentrate on selling life insurance policies. Factors indicating why banks have concentrated on selling lower-volume, higher-margin lines in spite of the majority of depositors interested in life insurance; Strategies to establish a more...

  • What Banks Want From Their Insurance Agents. Thomas, Trevor // National Underwriter / Life & Health Financial Services;1/1/2001, Vol. 105 Issue 1, p14 

    Discusses issues concerning life insurance agents who decide to sell insurance on behalf of a bank. What banks require from their life insurance agents; Information on the lead-management system of Berkshire Bank; Amount of gross commission expected from insurance agents at Wachovia Insurance...

  • Banks in the insurance business.  // ABA Banking Journal;Jun87, Vol. 79 Issue 6, p113 

    Focuses on the participation of banks in the insurance business in the U.S. Popularity of life insurance; Advantage of banks on the business; Performance of Chase Manhattan Bank in insurance.

  • Bank life insurance sales: Where's the beef? Kehrer, Kenneth; Nelson, Paula // ABA Banking Journal;Aug99, Vol. 91 Issue 8, p40 

    No abstract available.

  • Agent: Seek bank alliances for high-end life ins. sales. King, Carole // National Underwriter / Life & Health Financial Services;2/20/95, Vol. 99 Issue 8, p19 

    Reports on Jeff Nevin's speech on the advantages of marketing life insurance through banks. Opportunities in selling small business insurance through banks; Failure of life insurers to penetrate the middle market; Promising insurance products for banks.

  • Life insurance executives: Banks hindering business. Fraser, Katharine // American Banker;9/18/1995, Vol. 160 Issue 179, p18 

    Reports on a survey that examined the effects of the entry of banks and securities firms into the life insurance market.

  • Bank Sales Of Life Insurance Gained Momentum In First Half. Kehrer, Kenneth; Powell, Brad // National Underwriter / Life & Health Financial Services;10/22/2001, Vol. 105 Issue 43, p6 

    Reports on the findings of a survey on the progress banks are making in building their life insurance sales in 2001. Increase in the bank sales of life insurance for the first half of 2001; Total weighted-premiums in life insurance sales; Amount of single-premium life sales; Sales performance...

  • What Banks Need To `Get' To Sell Insurance. Goff, William N. // National Underwriter / Life & Health Financial Services;4/17/2000, Vol. 104 Issue 16, p7 

    Explains why banks in the United States struggled to implement a distribution model for life insurance market that makes financial returns. Figures on life insurance premiums; Sales process demands of the life insurance market; Ways to achieve productivity in life insurance sales; Competencies...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics