The 1Q2026 solvency reports of 63 life insurance companies show that they raked in premiums of CNY462.35bn ($68.14bn) through the bancassurance channel, accounting for 47.78% of their total premiums of CNY967.79bn.
Vietnamese commercial banks are continuing the trend of shifting to direct ownership of insurance companies, instead of merely distributing insurance products in partnership with insurers.
Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
Cash Assurances and the National Savings and Provident Fund-Bank (CNEP-Banque) are strengthening their strategic partnership by expanding the marketing of their Nat CAT and multi-risk home insurance products nationwide, following a pilot scheme.
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.