bancassurance

MS&AD’s re-entry into China life insurance poses challenge

Japanese firm was the dark horse in race to buy CBA’s stake in a Chinese life insurer. While it celebrates its surprise win, it will do well to remember clinching the deal is just the opening skirmish in a battle to crack the market.
May 23, 2018

Bancassurance takes off in Asia

Banks and insurance companies need to find suitable partners to service Asia’s underpenetrated insurance market, write Adam Hutchinson and Martijn Van de Wiel, EY.

Manulife pays $1.2b for DBS tie-up

The Canadian insurer fended off stiff competition for the bancassurance partnership from AIA, Prudential and the incumbent Aviva which called the price tag economically unviable.
April 08, 2015

Major insurers compete for DBS tie-up

AIA, Manulife, Axa, Aviva and others hire advisers for DBS’s $1 billion-plus bancassurance auction as they scramble to reach out to Asia’s growing affluent.
November 12, 2014

HSBC gets leaner and meaner

Gulliver’s got guts. He’s slicing away the non-core HSBC businesses. The latest move: sell some of the general insurance units in Asia and Latin America for $914 million.
March 08, 2012