Annual Report - BNP Paribas

Car-pooling
The employees of
BNP Paribas Assurance
expressed their interest in
environmental issues during
a consultation session which
generated 150 proposals,
including car-pooling.
In a bid to encourage this
environmentally-friendly
practice, the company has set
up a car-pooling website for
its employees. Additionally,
BNP Paribas Assurance
supports its employees’
efforts by fi nancing the
planting of fi ve trees through
the Cœur de Forêt association
for every employee that
registers with the scheme
via the website.
Providing sick people
with greater access
to insurance
BNP Paribas Assurance,
the world leader in creditor
insurance, has taken steps
to provide sick people with
greater access to insurance
in line with the AERAS
agreement (S’Assurer et
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BNP Paribas Annual Report 2007 /////// Asset Management & Services
At the international level, BNP Paribas is now present in 41 countries under
the Cardif banner which reported total revenues of EUR 6.9 billion in 2007, an
increase of 14% on the previous year.
In 2007 BNP Paribas Assurance reinforced its already strong positioning in
regions that offer extensive opportunities for development in bancassurance:
Croatia, Colombia, Scandinavia and Turkey.
The international savings activity registered revenues of EUR 4.6 billion, up 20%
on the previous year.
Europe, which now accounts for 75% of savings deposits outside France, posted
substantial revenue growth in 2007 thanks in particular to products sold in
the United Kingdom.
Elsewhere the savings business continued to thrive both in developed countries
like South Korea and Taiwan and fast-growing countries like India.
Thanks to a comprehensive and innovative offering and a benign macroeconomic
and sociological environment, the protection business generated total
revenues of EUR 2.3 billion outside France.
2007 was marked by very prosperous conditions in countries such as Spain
(up 48% versus 2006), Italy (up 26% versus 2006), Argentina (up 63% versus
2006) and Brazil (up 87% versus 2006).
Aggravé de Santé –
borrow and obtain insurance
with an elevated health risk).
As a result, the company
launched an offering
dedicated to asthmatics in
November 2007. The offering
simplifi es the application
process and has a special
price scheme that takes
into account the health
of the policyholders based
on regular medical checks,
self-monitoring, etc.
Micro-insurance in India
SBI Life, a joint venture
between BNP Paribas
Assurance and the State
Bank of India, has launched
Grameen Shakti and Grameen
Super Suraksha, two microinsurance
life products
designed for self help groups
(groups of people belonging
to the poorest populations
in India, 90% created by
women).
These products are
distributed through the
SBI branch network as
well as through NGOs and
microfi nance establishments.
They enable vulnerable
populations to obtain life
cover at very advantageous
prices (from less than
EUR 1 per annum).
BNP Paribas Assurance
takes part in the fi fth
Sustainable Development
Week
From 2 to 6 April 2007 the
Sustainable Development
Week provided
BNP Paribas Assurance with
an opportunity to invite its
2,500 head offi ce employees
to take part in a series of
conferences and events
dedicated to this theme.
Underscoring global
warming and the threats
to biodiversity, the week
included a viewing of the
documentary An Inconvenient
Truth and a presentation
given by astrophysicist
Hubert Reeves. Also under
discussion were sustainable
development as a business
model and the environmental
programmes of the main
French presidential
candidates.
Employees particularly
appreciated this “corporate
citizenship” initiative
and welcomed the
awareness-raising
campaign.
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