News - China:Current bancassurance business model needs a shake-up
Source: Asia Insurance Review | Jan 2010
China’s current “many-to-many” bancassurance model – in which banks distribute the products of multiple insurers – has plateaued and banks and insurers should adopt a new business model aimed at building more exclusive and integrated ties to maintain growth, according to a white paper released by the Boston Consulting Group (BCG) and reinsurance company Swiss Re.
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