Bacassurance in Taiwan, Now and Perspective

Autor: Tzu-yi Wang, 王子宜
Rok vydání: 2004
Druh dokumentu: 學位論文 ; thesis
Popis: 94
As fierce competitions arising in the financial market and more frequent M&A activities among the market player in Taiwan, the broader of insurance companies and banks has been increasingly blurred. Bancassurance seems to be the natural product out of this fast-changing environment. Bancassurance, originiated from Europe in 1970, has been the fastest growing channel for insurance in Taiwan in the past 5 years. In Year 2005, newly acquired contracts have taken up 38% of the life insurance market as a whole. Low rate of term deposit drives customers to the next best investment product, banassurance. High networth clients also try to find tax solutions in various life insurance products. Since slowing rising rate of term deposit from last year and Income Basic Tax Act came into effect this year, the embedded impact shall be raise to consideration for all. Thus, the forecast of bancassurance will be the focus on the following research. Deriving from actual interviews, industry experience, and relevant documentations, the research attempts to analyze on topics such as operation strategy, professional personnel, education and training, and other services on bancassurance. Foreseeing possible challenges in the future, the research attempts to address relevant suggestion and strategies in hopes to attract other professional opinions to assist in the development of bancassurance.
Databáze: Networked Digital Library of Theses & Dissertations