25.07.2013 Views

Italy: Developing our Second Home Market - BNP Paribas

Italy: Developing our Second Home Market - BNP Paribas

Italy: Developing our Second Home Market - BNP Paribas

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!