IDEAS home Printed from https://ideas.repec.org/p/ahh/wpaper/worms1603.html
   My bibliography  Save this paper

Bancassurance as a Source of Financing Eco-investments: The Polish Case within the European Context

Author

Listed:
  • Małgorzata Rutkowska
  • Nina Szczygieł

Abstract

From the time the human activity brought the degradation of the environment to the limit, the need of its preservation or restoration has become unquestionable. On the other hand, investments are critical as a driving force for the economy and investing in the environment has been seen as a way to stimulate economic growth and employment while promoting sustainability. This paper presents bancassurance as one of the sources of financing ecoinvestments which have been increasingly gaining the interest of policy makers, and discusses its utility for concrete bancassurance products with the perspectives for the evolution of the bancassurance channel in the European context bearing in mind the advances in the functioning of financial institutions resulting from the European integration process.

Suggested Citation

  • Małgorzata Rutkowska & Nina Szczygieł, 2016. "Bancassurance as a Source of Financing Eco-investments: The Polish Case within the European Context," WORking papers in Management Science (WORMS) WORMS/16/03, Department of Operations Research and Business Intelligence, Wroclaw University of Science and Technology.
    • Handle: RePEc:ahh:wpaper:worms1603
    as

    Download full text from publisher

    File URL: https://worms.pwr.edu.pl/RePEc/ahh/wpaper/WORMS_16_03.pdf
    File Function: Final version, 2019
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chen, Zhian & Li, Donghui & Liao, Li & Moshirian, Fariborz & Szablocs, Csaba, 2009. "Expansion and consolidation of bancassurance in the 21st century," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 19(4), pages 633-644, October.
    2. Fields, L. Paige & Fraser, Donald R. & Kolari, James W., 2007. "Bidder returns in bancassurance mergers: Is there evidence of synergy?," Journal of Banking & Finance, Elsevier, vol. 31(12), pages 3646-3662, December.
    3. Franco Fiordelisi & Ornella Ricci, 2011. "Bancassurance efficiency gains: evidence from the Italian banking and insurance industries," The European Journal of Finance, Taylor & Francis Journals, vol. 17(9-10), pages 789-810, November.
    4. Mark Teunissen, 2008. "Bancassurance: Tapping into the Banking Strength*," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 33(3), pages 408-417, July.
    5. Sotiris K Staikouras, 2006. "Business Opportunities and Market Realities in Financial Conglomerates," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 31(1), pages 124-148, January.
    6. Tobias C. Hoschka, 1994. "Bancassurance in Europe," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-23455-4, October.
    7. Lutgart Van den Berghe & Kurt Verweire, 2001. "Convergence in the Financial Services Industry*," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 26(2), pages 173-183, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohamed Nurullah & Sotiris K. Staikouras, 2008. "The Separation of Banking from Insurance: Evidence from Europe," Multinational Finance Journal, Multinational Finance Journal, vol. 12(3-4), pages 157-184, September.
    2. Staikouras, Sotiris K., 2009. "An event study analysis of international ventures between banks and insurance firms," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 19(4), pages 675-691, October.
    3. Elyas Elyasiani & Sotiris K. Staikouras & Panagiotis Dontis-Charitos, 2016. "Cross-Industry Product Diversification and Contagion in Risk and Return: The case of Bank-Insurance and Insurance-Bank Takeovers," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 83(3), pages 681-718, September.
    4. Tsai-Jyh Chen, 2019. "Marketing channel, corporate reputation, and profitability of life insurers: evidence of bancassurance in Taiwan," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(4), pages 679-701, October.
    5. Nestorov Valentina, 2017. "Convergence in the Functioning of Banking and Nonbanking Financial Institutions in Serbia," Economic Themes, Sciendo, vol. 55(3), pages 353-376, September.
    6. Andreas Merikas & Sotiris K. Staikouras, 2008. "The Greek Bank-Insurance Model: A Look At A Not-So-New Corporate Structure," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 25-34.
    7. Mohammad Nourani & Qian Long Kweh & Evelyn Shyamala Devadason & V.G.R. Chandran, 2020. "A decomposition analysis of managerial efficiency for the insurance companies: A data envelopment analysis approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 885-901, September.
    8. Boyer, Marcel & Laffont, Jean-Jacques, 1997. "Environmental risks and bank liability," European Economic Review, Elsevier, vol. 41(8), pages 1427-1459, August.
    9. Saon Ray, 2020. "India's Insurance Sector: Challenges and Opportunities," Indian Council for Research on International Economic Relations (ICRIER) Working Paper 394, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    10. Behrooz Noori, 2015. "An analysis of mobile banking customers for a bank strategy and policy planning," Proceedings of International Academic Conferences 3104516, International Institute of Social and Economic Sciences.
    11. Pih-Shuw Chen & Jia-Jan Lee & Pei-Fen & Ou, 2020. "A Study of Taiwanese Banks’ Home Loan Life Insurance Attached to Home Loans," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(6), pages 1-11.
    12. Chuang, Kai-Shi, 2014. "Financial advisors, financial crisis, and shareholder wealth in bank mergers," Global Finance Journal, Elsevier, vol. 25(3), pages 229-245.
    13. Mühlnickel, Janina & Weiß, Gregor N.F., 2015. "Consolidation and systemic risk in the international insurance industry," Journal of Financial Stability, Elsevier, vol. 18(C), pages 187-202.
    14. Kjell Sümegi & Peter Haiss, 2006. "The Relationship of Insurance and Economic Growth - a Theoretical and Empirical Analysis," EcoMod2006 272100091, EcoMod.
    15. Patty Duijm & Ilke Van Beveren, 2022. "Product diversification as a performance boosting strategy? Drivers and impact of diversification strategies in the property‐liability insurance industry," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 25(3), pages 303-328, September.
    16. Oleg Curbatov & Marie Louyot-Gallicher, 2015. "Knowedge Marketing," Post-Print hal-01423209, HAL.
    17. Pejman Abedifar & Amine Tarazi & Lawrence J White, 2020. "The Sale of Failed Banks: The Characteristics of Acquirers -as Well as of the Acquired -Matter," Working Papers hal-02964631, HAL.
    18. Barbara Casu & Panagiotis Dontis†Charitos & Sotiris Staikouras & Jonathan Williams, 2016. "Diversification, Size and Risk: the Case of Bank Acquisitions of Nonbank Financial Firms," European Financial Management, European Financial Management Association, vol. 22(2), pages 235-275, March.
    19. Peng, Jin-Lung & Jeng, Vivian & Wang, Jennifer L. & Chen, Yen-Chih, 2017. "The impact of bancassurance on efficiency and profitability of banks: Evidence from the banking industry in Taiwan," Journal of Banking & Finance, Elsevier, vol. 80(C), pages 1-13.
    20. Adam Śliwiński & Joanna Dropia & Norbert Duczkowski, 2021. "Risk Factors Affecting Bancassurance Development in Poland," Risks, MDPI, vol. 9(7), pages 1-19, July.

    More about this item

    Keywords

    Bancassurance; Bancassurance models; Eco-investments; European Union; Poland;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahh:wpaper:worms1603. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Kowalska-Pyzalska (email available below). General contact details of provider: https://edirc.repec.org/data/kbpwrpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.