Banks, insurers boost bancassurance to get returns Business

Banks, insurers boost bancassurance to get returns

Banks and insurance companies are ramping up cooperation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
Vietcombank seeks bancassurance partnership Business

Vietcombank seeks bancassurance partnership

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), coded VCB on the Ho Chi Minh Stock Exchange, plans to invite bids from insurers for exclusive rights to distribute life insurance products through its network.
Sun Life Vietnam signs up with GOFS Business

Sun Life Vietnam signs up with GOFS

Canadian life insurer Sun Life Vietnam has signed a three-year agreement with Global Online Financial Solutions Limited under which the latter will distribute its products.