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LIC Bahrain honours bancassurance partnerBahrain-based life insurance firm LIC International has awarded its bancassurance partner UAE-based FGB (formerly known as First Gulf Bank) for achieving record sales of one billion dirhams as first premium income. LIC Internation More… |
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Bancassurance set to grow ‘fastest’ in GCCBancassurance has been tipped as one of the fastest growing distribution channels of insurance in the GCC over the next two years, as a recent report estimates the insurance industry across the GCC will reach $37.5 billion by 2017. More… |
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Bahrain 'leading bancassurance growth'Bancassurance, which involves banks selling insurance products, is a major industry for the Middle East region and Bahrain is spearheading this growth, according to an expert. In the West banks play a major role in selling insurance produc More… |
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Bahrain to host Bancassurance seminarThe Bahrain Association of Banks (BAB) and The Bahrain Insurance Association (BIA) will be jointly organising a seminar on “Profiting from Bancassurance” on Tuesday at the Gulf Hotel in Manama. Bancassurance is the sale of insurance and ba More… |
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Alico, Stanchart in strategic dealStandard Chartered Bank and American Life Insurance Company (Alico) AIG Life in Bahrain, have entered into a strategic arrangement to launch Bancassurance products from the bank's branches. The range of products includes retirement pla More… |
Bancassurance 'set to grow in Bahrain'Although the sale of insurance through banks is yet to match European standards, the prospects for further growth and development in bancassurance in Bahrain remain strong. That was the message from Central Bank of Bahrain financial instit More… |
