Share:
ResearchAndMarkets.com s offering.
The bancassurance market is poised to grow by $354.08 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period.
The market is driven by the increased need for insurance, increase in the number of HNWIs in developing regions, and increasing government regulations on mandatory insurance coverage in developing countries.
The report on bancassurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The bancassurance market analysis includes product segment and geographic landscape.
Factory activity in China last month nudged down slightly on slower demand and higher raw material prices, while the services industry boomed over the May 1 Workers’ Day holiday, official data showed yesterday.
The purchasing managers’ index (PMI), a key gauge of China’s manufacturing activity, was 51 slightly down from 51.1 in April, but above the mark separating growth from contraction, the Chinese National Bureau of Statistics said.
There are risks ahead, analysts warned, including shortages of parts especially semiconductors and rising commodity prices.
Although factory production has been “rising steadily,” with overall activity exceeding the same periods in the