Blossoming: Italian bancassurance
Article Abstract:
Italy's insurance and banking industries are increasingly entering into cooperative agreements with each other, with the banks offering insurance policies and the insurers providing financial services. The insurers hope to break the power of individual agents, who control 75% of Italy's insurance distribution.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Romantic foreign phrases
Article Abstract:
European banks are tapping into a growing market by providing life insurance and investment services to the growing elderly population. Banks such as Credit Agricole have done well by starting their own businesses rather than forming alliances with insurance companies.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Overcrowded: Canadian insurance
Article Abstract:
A new law allows Canadian banks to enter the already overcrowded insurance market, with a few restrictions. Existing insurance companies are merging and consolidating to compete, with several buying trust companies. Foreign firms are leaving the country.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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