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Global bancassurance market was valued at $ 1,221.0 billion in 2022 and is likely to reach $ 2,331.5 billion by 2032, registering a CAGR of 6.1% over the forecast period of 2023-2032.
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BANCASSURANCE MARKET
Content 1 .MARKET I NT RODUCTION 2.RESEARCH MET HODOLOGY 3.MARKET OVERVIEW 4.T Y PES OVERVIEW 5 .APPLICATI ON OVERVIEW 6.COMPANY PROFILE 7.MARKET OVERVIEW & FORECAST
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Global bancassurance market was valued at $ 1,221.0 billion in 2022 and is likely to reach $ 2,331.5 billion by 2032, registering a CAGR of 6.1% over the forecast period of 2023-2032. Bancassurance, a portmanteau of "bank" and "insurance," refers to a strategic partnership between financial institutions, typically banks, and insurance companies to provide a comprehensive range of financial services under one roof. In this collaborative model, banks act as distribution channels for insurance products, enabling customers to access insurance offerings seamlessly alongside traditional banking services. Bancassurance fosters convenience for customers, offering a one-stop-shop for their financial needs.
· · · · · · · · · · · · · · · Allianz Group Aviva plc AXA Group BNP Paribas Cardif Credit Agricole Assurances Generali Group HSBC Insurance ING Group MetLife, Inc. Munich Re Ping An Insurance Prudential plc Santander Insurance Standard Chartered Bank Zurich Insurance Group
Segments Covered in the report By End User By Insurance Type o Life Insurance o Non-Life Insurance o Personal o Commercial
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