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

Author

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  • 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

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    File URL: https://worms.pwr.edu.pl/RePEc/ahh/wpaper/WORMS_16_03.pdf
    File Function: Final version, 2019
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    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.
    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)

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    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

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