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Enhancement in Product Portfolio of Banks Boosting Bancassurance Market Worldwide


News provided by

Big Market Research

12 Jan, 2016, 12:10 GMT

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PR NEWSWIRE INDIA- Big Market research (PRNewsFoto/Big Market Research)

PORTLAND, Oregon, January 12, 2016 /PRNewswire/ --

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.

     (Logo: http://photos.prnewswire.com/prnh/20141014/710132 )

Bancassurance Market to grow at a CAGR of 6.16% over the period 2014-2019.

Get more details of "Bancassurance Market" @ http://www.bigmarketresearch.com/global-bancassurance-2015-2019-market

In this report, Research 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.

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.

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

Market driver 

• Enhancement in product portfolio of banks

• For a full, detailed list, view our report

Market challenge 

• Risk to reputation of banks

• For a full, detailed list, view our report

Market trend 

• Expansion by foreign insurers into emerging markets

• For a full, detailed list, view our report

Get sample copy of this report @ http://www.bigmarketresearch.com/report-enquiry/321038

Table of Contents 

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Insurance: an overview

PART 06: Market landscape

PART 07: Market segmentation by product

PART 08: Geographical segmentation

PART 09: Market growth drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

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?

Browse Similar Report:  

Insight Report: The Future of Cyber Risk Insurance 

The increasing frequency of security breaches, in conjunction with business structures that are ever more reliant on technology, has augmented demand for cyber insurance. The cyber insurance market is rapidly emerging as a separate class of insurance, due to rising demand for cover for specific cyber risks, which are not covered under traditional insurance policies such as commercial general liability (CGL) and professional indemnity policies.

Get more details @ http://www.bigmarketresearch.com/insight-report-the-future-of-cyber-risk-insurance-market

Global Reinsurance Market 2015-2019 

Reinsurance is "insurance for insurers." It is a major risk-mitigation tool for insurers. In the wake of increasing incidence of catastrophic events and decreasing risk tolerance, reinsurance has become an indispensable part of the Insurance industry. By absorbing the losses of insurers, reinsurers help in the stabilization of the Insurance industry. They also help insurance players underwrite peak risks that would otherwise have not been possible, considering the capital limits of insurers.

Get more details @ http://www.bigmarketresearch.com/global-reinsurance-2015-2019-market

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