Commercial banks are making big strides in selling insurance and related products, according to a study by a trade group.

Bank sales of insurance hit $27.8 billion last year, nearly twice some estimates for the year before, according to a new report commissioned by the Association of Banks-in-Insurance.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.