The value of commissions earned through bancassurance is set to grow at a CAGR of 5.29% globally between 2013 and 2017. However, this growth is not evenly distributed between regions, with the distinct features of emerging markets fostering the vast majority of this growth, the report said. Bancassurance originated in Europe, where it holds one third of the total market share. As such, many of its bancassurance markets - such as France, Italy and Spain - have reached maturity
Turkey and Poland to lead European bancassurance growth
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The value of commissions earned through bancassurance is set to grow at a CAGR of 5.29% globally between 2013 and 2017. However, this growth is not evenly distributed between regions, with the distinct features of emerging markets fostering the vast majority of this growth, the report said. Bancassurance originated in Europe, where it holds one third of the total market share. As such, many of its bancassurance markets - such as France, Italy and Spain - have reached maturity