Insurance Post

Credit card-linked insurance and assistance market worth €4bn in Europe

A padlock on a number of credit cards

The market for packaging and cross-selling insurance and assistance policies linked to payment cards and bank accounts is lively and competitive in most European countries, according to research by consultancy firm Finacord.

The value of this market was around €4bn across 20 countries in Europe in 2011 in terms of gross written premiums and other revenues, equivalent of €4 for every credit and debit card in issue across

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