May 13, 2019 |
Caixa Seguridade, the insurance business of Brazil's state-owned savings bank Caixa Econômica Federal, said it has restarted the search for partners to sell its products.
Caixa formed a joint venture with France CNP Assurances in August last year to sell life insurance at the bank's branches, with CNP paying BRL4.65bn ($1.18bn) for 40% of the new company.
Now the bank has put out the call for partners to help it sell car insurance, home insurance and savings bonds through 20-year agreements, s
Brazilian insurance company looks to form joint ventures to sell policies at its branches