Bancassurance : A Valuable Tool for Developing Insurance in Emerging Markets

Bancassurance is the process of using a bank's customer relationships to sell life and non-life insurance products. In some developed countries it has had a dramatic impact on developing sales volumes, attaining market shares in excess of 50 p...

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Bibliographic Details
Main Authors:	Gonulal, Serap O., Goulder, Nick, Lester, Rodney
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCESS TO INSURANCE ACCOUNTING ACQUISITION COST APPLICATIONS ARBITRAGE ARBITRATION BALANCE SHEET BANK BRANCH BANK BRANCHES BANK CUSTOMER BANK CUSTOMERS BANK DEPOSITS BANK INTERMEDIATION BANK LOAN BANK SUPERVISOR BANKING INSTITUTION BANKING LAW BANKING SECTOR BANKING SYSTEM BANKS BORROWER BRANCH NETWORK BROKER BROKERS BUSINESS DEVELOPMENT CATASTROPHE LOSS CATASTROPHE REINSURANCE CATASTROPHES CHECKS CLIENT BASES CODE OF CONDUCT COLLATERAL COMMERCIAL INSURANCE COMMERCIAL LOAN COMMISSIONS COMMODITY COMPENSATION CONSUMER CHOICE CONSUMER CREDIT CONSUMER PROTECTION CONSUMERS COST STRUCTURES CREDIBILITY CREDIT CARD CREDIT INSURANCE CREDIT RATING AGENCY CREDIT RISK CREDITWORTHINESS CUSTOMER BASE CUSTOMER BASES DEBT DEPOSIT DEPOSITS DEVELOPING COUNTRIES DEVELOPING MARKET DEVELOPMENT PATH DEVELOPMENT PATHS DISPUTE RESOLUTION ECONOMIC TRANSACTION EMERGING MARKETS EMPLOYMENT EQUITY MARKETS EXPENSE RATIOS EXPOSURE EXTERNAL CREDIT RATING FACE VALUE FINANCIAL ADVISER FINANCIAL ADVISORS FINANCIAL CONGLOMERATES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL PLANNING FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SYSTEM FINANCIAL TRANSACTION FOREIGN CURRENCY FOREIGN INSURER FULL DISCLOSURE GENERAL INSURANCE GOVERNMENT BANKS GROUP LIFE INSURANCE HEALTH INSURANCE HOLDING HOLDING COMPANY HOLDINGS HOME LOAN HOUSING INCOME INCOME LEVEL INCOME LEVELS INCOME STREAM INCOMES INDIVIDUAL MARKETS INFLATION INFLATION RATES INFORMATION SYSTEMS INSTITUTIONAL INVESTMENT INSTITUTIONAL INVESTORS INSURANCE INSURANCE ACTIVITIES INSURANCE AGENTS INSURANCE COMPANIES INSURANCE COMPANY INSURANCE COVERAGE INSURANCE GROWTH INSURANCE INDUSTRY INSURANCE LAW INSURANCE MARKET INSURANCE MARKETS INSURANCE PLANS INSURANCE POLICY INSURANCE PREMIUM INSURANCE PREMIUMS INSURANCE PRODUCT INSURANCE REPRESENTATIVES INSURANCE RISK INSURERS INTEREST PAYMENTS INTERNATIONAL BANK INVESTMENT CONTRACTS INVESTMENT PRODUCTS INVESTMENT VEHICLE ISSUANCE JOINT VENTURE JURISDICTIONS LAWS LEGAL FRAMEWORK LEGAL RIGHTS LENDER LENDERS LESS DEVELOPED MARKETS LIABILITY LIABILITY INSURANCE LIBERALIZATION LIFE INSURANCE LIFE INSURANCE PREMIUMS LIFE INSURANCE PRODUCTS LIFE INSURERS LOAN LOAN AGREEMENT LOAN MARKETS LOAN PORTFOLIO LOAN PORTFOLIOS LOAN PRODUCTS LOAN REPAYMENT LOAN REPAYMENTS MARGINAL COSTS MARINE INSURANCE MARKET DEVELOPMENT MARKET LEADERS MARKET PRICE MARKET PRICING MARKET SHARE MARKET SHARES MATURITY MICROFINANCE MICROINSURANCE MORTGAGE MORTGAGE DEBT MORTGAGE LENDING MORTGAGE LOAN MORTGAGES MOTOR INSURANCE NATURAL DISASTERS NEW MARKETS NON-LIFE INSURANCE OPEN MARKET PEER PRESSURE PENSION PENSION PRODUCTS PENSION PROVISION PENSIONS PERSONAL LOAN PERSONAL LOANS PERSONAL SAVINGS POINT OF SALE POLICYHOLDERS POLLUTION PREMIUM REVENUES PRESENT VALUE PRIVACY PRIVATE CREDIT PRIVATE SECTOR DEVELOPMENT PROFESSIONAL LIABILITY PROFITABILITY PROGRAMS PROPERTY INSURANCE PROPERTY INSURERS PROPERTY MARKET PROTECTION INSURANCE PROTECTION INSURANCES PUBLIC PENSION RAPID GROWTH REDEMPTION REGULATOR REGULATORS REGULATORY CONSTRAINTS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REACTIONS REINSURANCE REINSURERS REPAYMENT REPAYMENT SCHEDULE RESERVES RETIREMENT RETIREMENT SAVINGS RETURN RETURN ON INVESTMENT RETURNS RISK MANAGEMENT RISK OF DEFAULT RISK TRANSFER SALE OF PROPERTY SAVINGS SAVINGS CONTRACTS SETTLEMENT SUBSIDIARIES SUBSIDIARY SUPERVISORY REGIME SYSTEMIC RISK SYSTEMIC RISKS TAX TAX REGIME TAXATION TORT TRACK RECORD TRADE CREDIT TRANSACTION TRANSPARENCY TRANSPORT TRAVEL INSURANCE UNEMPLOYMENT INSURANCE UNSECURED DEBT UNSECURED LOAN VARIABLE ANNUITIES VOLATILITY
Online Access:	http://documents.worldbank.org/curated/en/2012/09/16725272/bancassurance-valuable-tool-developing-insurance-emerging-markets http://hdl.handle.net/10986/12037