STANDARD Chartered Bank Malaysia (StanChart), whose general insurance sales exceeded RM90mil last year, expects the figure to grow by 15% over the next three years in line with the rising medical cost and affluent population.
Its general manager for wealth management, Goh Teck Eng, said bancassurance was an important component of StanChart's wealth management programme as well as the bank's overall business.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!