BANK INSURANCE 
NEWS IN BRIEF

ROYAL BANK OF CANADA
COMPLETES SALE OF
RBC GENERAL INSURANCE
TO AVIVA

MORE

FWD GROUP ENTERS VIETNAM LIFE MARKET
MORE

ICICI PRUDENTIAL LIFE FILES IPO PLAN
MORE

CONNECTICUT'S
PEOPLE'S FINANCIAL
TO ACQUIRE NYC-BASED
GERSTEIN FISHER

MORE

 
 
 
 

 

     
Serving the bank and insurance 
industries through consulting, 
research and tailored products
since 1991.

RECENT AND NOTEWORTHY ADDITIONS . . .

September 22, 2020 - The Cash Surrender Value of bank-owned life insurance (BOLI) policies held by commercial banks, savings banks and savings associations grew 3.1% to $180.5 billion as of June 30, 2020, according to the NFP-Michael White Bank-Owned Life Insurance (BOLI) Holdings Report .
Click here to read more about how bank-owned life insurance (BOLI) policy values reached more than $180 billion in the second quarter.

July 6, 2020 - The Cash Surrender Value of bank-owned life insurance (BOLI) policies held by commercial banks, savings banks and savings associations grew 3.6% to $179.2 billion as of March 31, 2020, according to the NFP-Michael White Bank-Owned Life Insurance (BOLI) Holdings Report .
Click here to read more about how bank-owned life insurance (BOLI) policy values reached more than $179 billion in the first quarter.

March 23, 2020 - The cash surrender value of bank-owned life insurance (BOLI) policies held by commercial banks, savings banks and savings associations grew 3.9% to $178.2 billion as of December 31, 2019, up from $171.6 billion as of December 31, 2018, according to the NFP-Michael White Bank-Owned Life Insurance (BOLI) Holdings Report .
Click here to read more about how bank-owned life insurance (BOLI) policy values reached more than $178 billion in the fourth quarter.

September 30, 2019 - The cash surrender value of bank-owned life insurance (BOLI) policies held by commercial banks, savings banks and savings associations grew 3.0% to $175.0 billion as of June 30, 2019, up from $169.9 billion last year, according to the NFP/Equias Alliance-Michael White Bank-Owned Life Insurance (BOLI) Holdings Report .
Click here to read more about how bank-owned life insurance (BOLI) policy values reached more than $175 billion in the second quarter.

April 10, 2018 - Insurance brokerage income at U.S. bank holding companies grew 2.0% in 2017 to $5.46 billion, according to the Michael White Bank Insurance Fee Income Report .
Click here to read more about the $5.46 billion bank holding companies earned in insurance brokerage fee income in 2017.

April 9, 2018 - - Income earned from the sale of annuities at bank holding companies (BHCs) in 2017 fell 6.4% to $3.01 billion from $3.22 billion in 2016, according to Michael White Bank Annuity Fee Income Research.
Click here to read more about the decline in income from annuity sales at banks in 2017.

June 27, 2017 - Bank holding companies generated $1.46 billion in insurance brokerage fee income in first quarter 2017, down 3.6% from first quarter 2016, according to Michael White Bank Insurance Fee Income Report .
Click here to read more about bank holding companies' insurance brokerage fee income in first quarter 2017.

August 1, 2016 - BankInsurance.com, Michael White Associates, Transom Consulting Group and industry expert Neal Aton team up to offer expertise in new whitepaper entitled, Winning in Bank Insurance.
Click here to read the whitepaper detailing how interested banks and carriers can uncover profitable bank insurance opportunities..

April 25, 2016 - Large bank holding companies earned a record $135.5 billion in wealth management fee income in 2015, up from $135.1 billion the year before, according to the Sorrento Pacific - Michael White Bank Wealth Management Report .
Click here to read more about how large bank companies earned record wealth management fee income in 2015.

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

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