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TMCNet: Research and Markets Adds Report: Bancassurance in India: Life, Non-Life and Creditor Insurance

[March 21, 2013]

Research and Markets Adds Report: Bancassurance in India: Life, Non-Life and Creditor Insurance

Mar 21, 2013 (Close-Up Media via COMTEX) -- Research and Markets has announced the addition of the "Bancassurance in India: Life, Non-Life and Creditor Insurance" report to its offerings.

In a release, Research and Markets noted that report highlights include: Bancassurance in India: Life, Non-Life and Creditor Insurance is a study and related PartnerBASE dataset examining the provision of life, non-life and creditor insurance by banks and other lending institutions in India.
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Drawing on the results of a survey of 72 banking entities in India, the study verifies the percentage of organisations investigated that distribute each of the following 13 types of insurance: accident insurance, creditor insurance related to consumer finance, creditor insurance related to credit cards, creditor insurance related to mortgages, critical illness insurance, health / hospital cash plans, household insurance, income protection insurance, investment-related life insurance, medical expenses insurance, personal motor insurance, retirement savings, and risk life insurance.

For those banking entities that are active in one or more of these fields, the reports ascertain the operating models that they use to source the type of insurance in question (e.g. external, joint venture or captive underwriters) and the identity of the specific providers used. This information is then displayed in terms of the weighted share of partnerships of these providers, which takes into account the number of retail customers of the partner banking entities, thus highlighting those insurance companies that hold the distribution relationships that offer the most potential.

Report information: researchandmarkets.com/research/7g589n/bancassurance_in ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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