bancassurer


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Related to bancassurer: bankassurer

bancassurer

(ˈbæŋkəˌʃʊərə)
n
(Banking & Finance) a bank that sells insurance products
References in periodicals archive ?
The ratings are underpinned by KBC Verzekeringen's sound profitability, leading bancassurer position in Belgium, strong capital adequacy and prudent asset allocation.
Baijal, the plan for Al Hilal Life is to develop from being primarily a bancassurer in Bahrain into a more rounded life insurer.
After signing of a deal to fully acquire Bulgarian bancassurer UBB-AIG and regulatory approval of the acquisition, now the transaction has been completed, said Vienna Insurance Group.
K&H Bank, a unit of Belgian bancassurer KBC Group, has said that it is seeing an increased demand for home loans in Hungary.
Through the partnership, DBS will be able to further strengthen its regional life insurance distribution capabilities, including its position as a leading bancassurer in Singapore, while providing its customers with a full suite of innovative and customized insurance solutions.
Predica specializes in life insurance and is a life bancassurer in France.
Belgian bancassurer KBC Group NV (EBR:KBC) said it would sell the pension fund business of its Polish unit PTE WARTA SA to local PTE Allianz Polska SA, a unit of TUiR Allianz Polska SA, part of the German insurance giant Allianz SE (ETR:ALV).
Two weeks before that giant Dutch bancassurer ING gave an update in a statement about how the "divestment of more than 50% of the Asian Insurance/IM operations has to be completed by year-end 2013.
ING, which missed third-quarter net profit forecasts by a wide margin on Wednesday, is dismantling its once-fashionable bancassurer model as a condition of the state bailout it received in 2008.
17 January 2012 - State-owned bancassurer Irish Life & Permanent (IL&P) has hired former Barclays (LON:BARC) banker Jeremy Masding to head its banking unit permanent tsb that is being hived off from its insurance business, the company said on Monday as cited by Reuters.
On Wednesday, bancassurer Irish Life & Permanent was suspended following media reports the bank stress tests might force it into state control.
Reuters has reported that Belgian bancassurer KBC (KBC.