Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank's customers.
Europe market took up about 39% the global market in 2018, while North America and China were about 25%, 13%.

Market Analysis and Insights: Global Bancassurance Market
The global Bancassurance market size is projected to reach US$ 2291.7 million by 2027, from US$ 2008.8 million in 2020, at a CAGR of 1.9% during 2021-2027.
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On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bancassurance market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bancassurance market.

Global Bancassurance Scope and Market Size
Bancassurance market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bancassurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Life Bancassurance
Non-Life Bancassurance
Life bancassurance is the most widely used type which takes up about 59% of the global total revenue.

Segment by Application
Adults
Kids
Other
Adults was the most widely used which took up about 44% of the global total in 2018.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABN AMRO
ANZ
Banco Bradesco
American Express
Banco Santander
BNP Paribas
ING Group
Wells Fargo
Barclays
Intesa Sanpaolo
Lloyds Banking Group
Citigroup
HSBC
NongHyup Financial Group
Nordea Bank