Italy: Developing our Second Home Market - BNP Paribas
Italy: Developing our Second Home Market - BNP Paribas
Italy: Developing our Second Home Market - BNP Paribas
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Creditor insurance GWP<br />
9,000<br />
8,000<br />
7,000<br />
6,000<br />
5,000<br />
4,000<br />
Lower penetration of creditor<br />
insurance<br />
UK<br />
France<br />
S<strong>our</strong>ces: Finaccord / Sigma, <strong>BNP</strong> <strong>Paribas</strong> Assurance, 2004<br />
Asset Management and Services<br />
Germany<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
Netherlands<br />
Portugal<br />
Belgium<br />
Spain<br />
<strong>Italy</strong><br />
0 20 40 60 80 100<br />
Population (mn)<br />
Development Plan<br />
Creditor Insurance<br />
Higher risk client perception (1 low – 10 high)<br />
Critical illness<br />
Death<br />
Unemployment<br />
Accidents<br />
Accident family member<br />
Unexpected spending<br />
Divorce<br />
Capitalise on Cardif unique expertise on credit protection insurance<br />
Increasing market potential<br />
Enlarged Cardif creditor insurance offering for BNL clients<br />
Leverage BNL potential in “creditor insurance” on mortgages,<br />
personal loans and credit cards<br />
Development of individual protection offering<br />
<strong>Italy</strong><br />
S<strong>our</strong>ces: TNS Sofres - 2005<br />
4.9<br />
5.1<br />
4.6<br />
5.1<br />
Europe<br />
7.3<br />
7.0<br />
6.6<br />
7.5<br />
8.4<br />
8.3<br />
6.6<br />
7.4<br />
6.4<br />
8.0<br />
94