ROBINSONS Bank and Pru Like UK are expecting to generate as much as P50 million in premium revenues from their bancassurance partnership in the first year of its operations.
“We are expecting around P40 to P50 million in premium revenues but I am sure my branch managers can do more,” Robinsons Bank President and Chief Executive Officer Efren Antonio Sarte said in a press conference following the signing of the distribution agreement under the bancassurance partnership between the Gokongwei-led bank and the British life insurer on Tuesday.
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