UAE – Banks represent 70% of life ins. Brokerage
Monday, 10 22 2018, Category: Insurance and Reinsurance, Country: U.A.E
Banks were successful in increasing their share of life insurance brokerage compared to traditional brokers and agents. In fact, banks achieved a market share of 70% for this type of insurance premiums.
Moreover, experts said that banks took advantage of their customer base and the trust that they enjoy noting that this type of insurance is related to the loans granted by banks.
Source: Al Roeya - UAE