Bancassurance Market

Bancassurance Market Size, Status and Business Growth 2022 to 2030

Bancassurance Market valued at US$ 1343.55 Billion in 2022 is expected to reach a value of US$2125.31 Billion by 2030, exhibiting a CAGR of 5.9%.

Bancassurance is a partnership between a bank and an insurance company in which the bank earns additional revenue by selling the insurance company’s products.

It also assists banks in expanding their financial product portfolios, resulting in increased turnover with little or no capital outlay and a good return on equity.

Bancassurance benefits insurance companies by increasing their market reach and expanding their customer base, as banks have become the primary distribution channels for insurance products.

This arrangement is gaining popularity around the world since it can be advantageous for both companies. The bancassurance is divided into two types of business models: integrated and non-integrated. The integrated bank model is solely bank-centric.

This is how the model works.

The continued introduction of mobile-based services by various banks around the world, which allows them to improve their digital sales, is encouraging for the market’s growth. Other factors predicted to drive market expansion over the forecast period include an expanding middle-class population, evolving customer shopping patterns, and the rollout of high-speed internet networks.

Get Free Sample: https://wemarketresearch.com/sample-request/bancassurance–market/112/

Global Bancassurance Market: Segmentations

Key Players

  • ABN AMRO Bank N.V.
  • American Express Company
  • Banco Bradesco SA
  • Banco Santander, S.A.
  • Barclays plc
  • BNP Paribas
  • Citigroup, Inc.
  • Crédit Agricole
  • HSBC Group
  • ING Group
  • Intesa Sanpaolo Group
  • Lloyds Banking Group
  • Mitsubishi UFJ Financial Group Inc.
  • Mizuho Financial Group, Inc.
  • NongHyup Financial Group
  • Nordea Bank
  • Royal Bank of Canada
  • Societe Generale
  • Wells Fargo

Based On Type:

  • Life Bancasuurance
  • Non-Life Bancassurance
  • Based on Model
  • Joint Venture
  • Financial Holding
  • Exclusive
  • Pure Distributor

Interested in purchasing this Report:- https://wemarketresearch.com/purchase/bancassurance–market/112/?license=single

Table Of Contents

  1. Introduction and Market Overview
  2. Executive Summary
  3. Trends, Outlook, and Factors Analysis
  4. Estimates & Historic Trend Analysis (2018 to 2021)
  5. Estimates & Forecast Trend Analysis, by Component
  6. Estimates & Forecast Trend Analysis, by Type
  7. Estimates & Forecast Trend Analysis, by Mobility
  8. Estimates & Forecast Trend Analysis, by Body part
  9. Estimates & Forecast Trend Analysis, by Treatment type
  10. Estimates & Forecast Trend Analysis, by Application
  11. Analysis and Forecast, by Region
  12. North America Bancassurance Market: Estimates & Forecast Trend Analysis
  13. Europe Bancassurance Market: Estimates & Forecast Trend Analysis
  14. Asia Pacific Bancassurance Market: Estimates & Forecast Trend Analysis
  15. Middle East & Africa Bancassurance Market: Estimates & Forecast Trend Analysis
  16. Latin America Bancassurance Market: Estimates & Forecast Trend Analysis
  17. Competitive Landscape
  18. Company Profiles
  19. Assumptions and Research Methodology
  20. Conclusions and Recommendations

Key Questions Answered in This Report

  1. What was the size of this market in 2021?
  2. What is the expected growth rate of this market during 2022-2027?
  3. What are the key factors driving this market?
  4. What has been the impact of COVID-19 on this market?
  5. What is the breakup of this market based on the product type?
  6. What is the breakup of the global bancassurance market based on the model type?
  7. What are the key regions in the global bancassurance market?
  8. Who are the key players/companies in the global bancassurance market?

About We Market Research

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

Contact Us:

We Market Research

Phone: +1(929)-450-2887

Email: sales@wemarketresearch.com

Web: https://wemarketresearch.com/

Leave a Reply

Your email address will not be published.

higher education market Previous post Higher Education Software Market by Top Key Players, Types, Applications, Countries & Forecast to 2022-2030
Takaful Insurance Market Next post Takaful Insurance Market Objectives of the Study Includes Research Methodology and Assumptions and Forecast by 2030