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Search Results: 75 results for keyword "bancassurance".
All to play for in bancassurance growth
10-09-2021 08:00
Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
Inspection rise in face of insurance hustle
19-05-2021 08:00
Recent compulsory bundling of insurance policies with banking products despite customer unwillingness has triggered concerns over bancassurance activities in Vietnam, and as a result authorities are strengthening inspections of such rampant insurance cross-selling mechanisms.
Expansions emerging in bancassurance services
12-05-2021 08:00
Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.
HDBank to choose life insurer partner for upcoming exclusive bancassurance deal
05-05-2021 17:55
Ho Chi Minh City-based bank HDBank would choose a life insurer partner for an exclusive bancassurance deal, believing the deal would be of great significance in the coming time.
Sun Life Vietnam increases charter capital
02-02-2021 01:23
Sun Life Vietnam, a local subsidiary of Canada-based financial group Sun Life, has just been approved by the Ministry of Finance to increase its charter capital from VND5.070 trillion ($220.43 million) to VND14.380 trillion ($625.2 million).
Manulife and VietinBank to sign exclusive bancassurance deal
14-12-2020 12:39
Canada’s leading insurer Manulife and local lender VietinBank will sign an exclusive bancassurance agreement in Hanoi this week.
Prudential Vietnam and SeABank strengthen strategic partnership
04-12-2020 15:04
At the first anniversary of the 20-year exclusive bancassurance partnership between UK-backed life insurer Prudential Vietnam and Hanoi-based commercial lender Southeast Asia Bank (SeABank), the two companies signed an MoU to distribute Prudential Vietnam’s digital insurance product PRU-Guard 24/7 through SeABank’s e-banking platform.
Sun Life Vietnam and ACB announce 15-year exclusive bancassurance partnership in Vietnam
03-12-2020 09:00
Vietnam's financial institutions are enjoying a rise in bancassurance activities with more monopoly deals coming.
ACB and Sun Life Vietnam announce exclusive bancassurance partnership
21-11-2020 12:41
Asia Commercial Joint Stock Bank (ACB) and Sun Life Vietnam Insurance Co., Ltd. on November 18 announced that they have formed a 15-year exclusive bancassurance partnership in Vietnam.
Banks cautioned over bancassurance
20-11-2020 21:03
The Vietnamese central bank has emphasised that lenders are not allowed to force customers to buy compulsory insurance products to receive bank loans, even as bancassurance services have become a strategic priority for many.
Prudential Vietnam and SeABank establish exclusive bancassurance partnership
06-01-2020 10:00
Prudential Vietnam Assurance Private Ltd. (Prudential Vietnam), a subsidiary of Prudential Plc., and Southeast Asia Commercial Joint Stock Bank (SeABank) have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider to BRG Group, a leading conglomerate in Vietnam with approximately 10 million customers. The partnership is expected to be effective from April 2020.
Life insurance widens sales to pharmaceuticals and supermarkets
26-12-2019 17:15
In addition to existing sales channels like agencies, bancassurance, co-operation with real estate companies, or online sales, life insurance companies continue to diversify distribution channels by adding pharmaceuticals and supermarkets.
Sun Life Vietnam and TPBank announce exclusive bancassurance agreement in Vietnam
27-11-2019 14:14
Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) and Tien Phong Commercial Bank (TPBank) today announced a 15-year exclusive bancassurance partnership in Vietnam.
Digital innovation key growth factor for bancassurance development
26-11-2019 14:53
Generali Vietnam, along with Orient Commercial Joint Stock Bank, recently entered into a 15-year strategic and exclusive bancassurance partnership, amid huge market potential and rising demand for financial and insurance products in the country. VIR’s Phu Canh spoke with Generali Vietnam CEO Tina Nguyen on the trends and outlook of bancassurance in Vietnam.
Bancassurance on the up in Vietnam
07-11-2019 12:18
Vietnam’s financial institutions are enjoying a rise in bancassurance activities, which promise strong growth amid the diminishing bank segment with regulator-driven bank consolidation.
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