Investor Presentaiton
IFS - Insurance - 2021
Strong business drive
.
Continued pick-up in activity driven by the diversification of the
model
•
Sustained performance in Savings both in France and internationally,
particularly in Italy and Luxembourg; gross asset inflows rose sharply
(+42.2% vs. 2020) with unit-linked policies accounting for the vast majority
of net asset inflows
Increase in Protection: further growth in France; international growth in
Latin America and Asia in particular
Continued development of the partnership model
•
Renewal of a long-term global agreement with Volkswagen Financial
Services to provide insurance solutions in 16 countries
Joint venture1 set up for multi-brand maintenance contracts as part of
Volkswagen Financial Services' expansion in long-term fleet leasing in
Europe
Revenues: €2,827m
(+3.7% vs. 2020)
Increase driven by Savings; good
growth in Protection despite the impact
of claims
Operating expenses: €1,536m
(+5.0% vs. 2020)
Driven by the rebound in
business activity and targeted
projects
Gross asset inflows in
Savings
€bn
+42.2%
25.7
18.0
2020
2021
Climate engagement
PRI
Principles for
FINANCE
UNEPINITIATIVE
THE NET-ZERO ASSET September 2021
OWNER ALLIANCE
Climate
Action 100+
October 2021
Pre-tax income: €1,368m
(-1.0% vs. 2020)
1. Upon customary condition precedents, including the approval of the relevant antitrust authorities
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 27View entire presentation