Bancassurance Market Growing at 6.16% CAGR to 2019

Aug 06, 2015, 02:00 ET from ReportsnReports

CHICAGO, August 6, 2015 /PRNewswire/ --

ReportsnReports.com adds Global Bancassurance Market 2015-2019 research report that uses the total value of premiums collected by banks for the insurance policies sold to their customers and segments the industry into life bancassurance and non-life bancassurance.

Complete report on bancassurance market spread across 100 pages, talking about 8 companies and supported with 52 data exhibits is now available at http://www.reportsnreports.com/reports/407821-global-bancassurance-market-2015-2019.html .

Emerging markets such as China and India are exhibiting high growth potential for bancassurance market. The regulatory authorities have recognized the potential of the bancassurance model in these countries and have relaxed their norms to encourage private insurance players to integrate with banks. According to this research, the bancassurance model helps banks to increase their financial product portfolio and cross-sell insurance products. As insurance is an integral part of financial planning for an individual or enterprise, the addition of insurance products to the product portfolio creates income streams and enhances the banks' revenue.

Further, the 2015 bancassurance market report states that it is difficult for banks to position themselves to sell insurance products, especially in countries where the market penetration of banks is already low. Therefore, market positioning and branding to promote banks as a potential insurance distributor is crucial in bancassurance. However, it is expensive and requires huge effort. Consolidation in the financial services sector is resulting in bancassurance becoming vital to the growth of the overall financial services market.

Companies and key players discussed in this Global Bancassurance Market report include Crédit Agricole, ING Groep, BNP Paribas Cardif, HSBC, Santander UK, Citigroup, Wells Fargo and American Express. Other prominent vendors simply mentioned in the research are ABN AMRO, ANZ, Banco Bradesco, Barclays, Crédit Mutuel, Intesa Sanpaolo, Lloyds Bank Group, NongHyup Financial Group, Nordea Group, and Société Générale. Order a copy of Global Bancassurance Market 2015-2019 research report at http://www.reportsnreports.com/Purchase.aspx?name=407821 .

Analysts forecast global bancassurance market to grow at a CAGR of 6.16% over the period 2014-2019. In this report, information and data covers the present scenario and growth prospects of the global bancassurance market for the period 2015-2019. To determine the market size, this research uses 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.

The report, 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.

Partial list of exhibits provided in this 2015 bancassurance market research include:

Market sizing approach

Product offerings

Global insurance market by product 2014

Dominant distribution channels in various geographies 2014

Positivity in experience with insurance channels by region 2014

Bancassurance structures

Insurance underwriter by type 2014

Roles and responsibilities based on bancassurance model

Comparative analysis of agent and broker models

Insurance across all channels versus bancassurance by geography 2014

Global bancassurance market 2014-2019 ($ billions)

Global bancassurance market by product

Global bancassurance market segmentation by product 2014

Global bancassurance market segmentation by product 2019

Global bancassurance market segmentation by product 2014-2019 ($ billions)

Global bancassurance market segmentation by product 2014-2019

Global life bancassurance market 2014-2019 ($ billions)

Global non-life bancassurance market 2014-2019 ($ billions)

Global bancassurance market by product 2014-2019 ($ billions)

Global bancassurance market by product 2014-2019

Global bancassurance market segmentation by geography 2014

Global bancassurance market segmentation by geography 2019

Global bancassurance market segmentation by geography 2014-2019 ($ billions)

Global bancassurance market segmentation by geography 2014-2019

Bancassurance market in Europe 2014-2019 ($ billions)

Bancassurance penetration in Europe by product 2014

Bancassurance market in APAC 2014-2019 ($ billions)

Bancassurance penetration in APAC by product 2014

Bancassurance market in Latin America 2014-2019 ($ billions)

Bancassurance penetration in Latin America by product 2014

Bancassurance market in North America 2014-2019 ($ billions)

Bancassurance market in MEA 2014-2019 ($ billions)

Global bancassurance market by geography 2014-2019 ($ billions)

Global bancassurance market by geography 2014-2019

Impact of drivers

Impact of drivers and challenges

Penetration of bancassurance in life insurance sector in Europe 2014

Global bancassurance market by vendor ranking 2014

For the banking and financial services market, ReportsnReports.com has multiple newly published reports on insurance sector as well as related reports that might be of interest:

Bancassurance Market in China 2014-2018: Analysts forecast the Bancassurance market in China to grow at a CAGR of 15.91% over the period 2013-2018. Key companies dominating this space are China Taiping Insurance Holdings Company Limited, China Life Insurance Company Limited, and Ping An Insurance (Group) Company of China, Ltd. Other vendors simply mentioned in the report are PICC Property & Casualty Co., Ltd., Agricultural Bank of China, China Merchants Bank, and Bank of Beijing. Read more at http://www.reportsnreports.com/reports/276781-bancassurance-market-in-china-2014-2018.html .

Insight Report: Digital Innovation in Insurance: The report discusses how insurers in different markets use digital technology in different business functions, including product development, sales and marketing, underwriting, claims management and customer services. It also discusses market trends, opportunities and challenges faced by insurers in the successful implementation of digital strategy. It analyzes the potential impact of digital technology to the entire insurance supply chain, from product development to claims management, enabling insurers to reduce costs, and increase efficiency and profit margins. Complete report is available at http://www.reportsnreports.com/reports/406775-insight-report-digital-innovation-in-insurance.html .

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