bancassurer


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Related to bancassurer: bankassurer

bancassurer

(ˈbæŋkəˌʃʊərə)
n
(Banking & Finance) a bank that sells insurance products
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Baijal, the plan for Al Hilal Life is to develop from being primarily a bancassurer in Bahrain into a more rounded life insurer.
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).
10 May 2013 - 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." New York-based American Insurance Group, for its part, has been walking the long road to selling its Asian insurance unit AIA since September
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.BR) has cancelled the sale of its private bank.