Archive for September, 2002

New Thai Life Insurance Company Takes Steady Approach on Market

Sep. 23 While established insurers are pinning their hopes on new products such as bancassurance, Millea Life Insurance (Thailand) Plc, a new player, plans to take it one step at a time. “We’ll take a simple approach to develop our business,” said Ichiro Ishii, managing director of Millea Life Insurance (Thailand), a Thai-Japanese joint venture […]

September 22nd, 2002 | Posted in Life Insurance | No Comments

Still a Puzzle: Banks Selling Life Insurance to Mass Market

Both banks and insurers badly want to sell life insurance through banks. The American middle class is underinsured, they say, and middle-class customers trust their banks enough to buy insurance there.But a significant problem may be selling the platform reps on selling to this low-fee group. The numbers don’t look good to date — bank […]

September 11th, 2002 | Posted in Life Insurance | No Comments