2022-24 Strategic Plan Update
4Q 23 P&L AND BALANCE SHEET
Continued growth in protection insurance on the back of MyBox
NEW PRODUCTION OF PROTECTION INSURANCE
New production (annualised) of protection (2) insurance premia, ЄM
+7.0%
CaixaBank
*VidaCaixa ☑SegurCaixa Adeslas
Breakdown of FY23 new premia by type of product, in % of total
43%
Life-risk
57%
o/w MyBox
77%
739
691
FY22
o/w MyBox
82%
FY23
Non-life
HEALTH 17%
&
AUTO 16%
HOME 14%
A
***
OTHER 10%
Sustained growth in
total protection
insurance premia (1)
+9.6% FY23 yoy
Gaining market share while seizing potential
Spanish life-risk insurance market(3): premia in €Bn
Market share, 2023 (4)
1.04
1.20
1.29
0.98
1.04
Rest of the market
Vida Caixa
% of clients with non-life insurance products(5)
20.2%
0.73
0.37
3.32
25.7%
14.8%
0.43
3.06
0.57
2.90
3.74
3.80
3.97
3.98
3.81
10.8%
3.47
2010 2012 2014
2016 2018 2020 2021
2022
2023
+278 bps yoy
VidaCaixa
Mar-21
Dec-23
Clients from former BKIA (6)
Dec-23
Other CABK clients(7)
VidaCall +0.92Bn + €0.50Bn Sector ex VidaCaixa
(1) Earned premia. Includes Vida Caixa life-risk premia plus SegurCaixa Adeslas non-life premia sold through the bancassurance network. (2) All insurance products (including single premium with multiannual tenor) are presented on an annual basis to facilitate
comparisons across all product lines. Including life-risk and non-life. CABK ex BPI and considering premia sold through the bancassurance channel. (3) Based on ICEA data. For 2023, data corresponds to Sep-23 TTM (latest available data). (4) Based on ICEA
data. Latest available data (September 2023 with % yoy vs. September 2022). (5) Individual clients in Spain, by origin. Including home, health, dental, auto insurance and other non-life insurance for self-employed. (6) Excluding clients shared by former Bankia 35
network and CABK. (7) CABK clients as of March 2021 (merger date), including those shared with former Bankia.View entire presentation