The bancassurance channel emerged in 2025 as the driver of revenue growth for life insurance companies, particularly listed insurers, according to an analysis of the annual financial statements released by several companies.
The regulatory authorities have issued a notice to the insurance industry that tightens rules on bancassurance fees and improve expense management in life insurance companies.
The total number of individual insurance agents across the life operations of five major listed insurers reached 1.33m at the end of December 2025, representing a decrease of 52,000 or 3.7% compared to the end of 2024.
The Kenya Bankers Association (KBA) has filed a case in the High Court against the Insurance Regulatory Authority (IRA), over the latter's ban on bancassurance commissions or fees receivable from insurance companies.
Premiums collected by the "Big Seven" life insurance companies via the bancassurance channel has continued to climb, reflecting the trend of the past two years.
Bank-affiliated insurers saw a slight year-on-year increase of 4% in combined premiums collected from regular-payment policies through the bancassurance channel in January 2026.
Salama Takaful Insurance Egypt has entered into a strategic alliance with Al Baraka Bank Egypt.
Large commercial banks that have not yet established or acquired insurance companies or trust companies should do so as soon as possible, according to the former Governor of the People's Bank of China, Dai Xianglong.
The bancassurance sector maintained its growth momentum, registering a 6.6% increase in 2024. The total premiums generated amounted to MAD20.5bn ($2.25bn), collected through banks network, finance companies, payment institutions, and microcredit associations, according to the Insurance and Social Security Supervisory Authority (ACAPS).
The National Financial Regulatory Administration (NFRA) has officially released an industry standard for the systems interface between banks and insurers engaged in bancassurance.