Bancassurance

India

Suryoday Small Finance Bank revs up cover policy sales. The Economic Times, April 10, 2017.

Suryoday Small Finance Bank teamed up with Kotak Life, HDFC Life and ICICI Lombard to offer life and other insurance products to its customers.

South Africa

MMI and African Bank enter into partnership. Business Day, June 12, 2017.

MMI and African have entered into a partnership based on three business lines, including lending, insurance ventures, and transactional banking capabilities provided by African to MMI. MMI will be able to offer its customers credit based on needs, while African will offer MMI insurance products to its customers.

United Arab Emirates

StanChart, Zurich sign UAE distribution deal. TradeArabia, May 7, 2017.

Standard Chartered Bank and Zurich Insurance Group signed a partnership whereby Zurich’s life insurance products will be offered Standard Chartered’s customers over the next 10 years.

Vietnam

Prévoir Vietnam & National Citizen Bank (NCB) launch new life insurance product. Vietnam Economic Times, May 26, 2017.

Khang An Bao Gia is an endowment life product that is available through the NCB network. It offers financial protection for customers enabling them to cope with unexpected risks in life.

AIA and HSBC form new bancassurance partnership. Vietnam Investment Review, May 17, 2017.

Customers are offered a range of protection and investment products including universal life and term life, education savings, and medical cover and critical illness cover. Products will be available through HSBC branches.

Aviva acquires remaining 50% of Vietnam Life joint venture and signs new distribution agreement with VietinBank. Insurance Newslink, April 26, 2017.

Aviva Life Insurance announced a new distribution agreement with VietinBank. Aviva Life’s health and life products are now available through VietinBank’s network of over 1,100 branches.