Extract from. Études et Dossiers No KIDI International Conference 2007

Size: px
Start display at page:

Download "Extract from. Études et Dossiers No. 342. KIDI International Conference 2007"

Transcription

1 International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 342 KIDI International Conference 2007 New Risk Management Environment and Strategy Seoul, 6 September 2007 & Montepaschi Vita Annual Forum 2007 Insurers and Banks: Complementarity and Competition Rome, 12 October 2007 March 2008 Working Paper Series of The Geneva Association Association Internationale pour l'etude de l'economie de l'assurance The Geneva Association - General Secretariat - 53, route de Malagnou - CH-1208 Geneva Tel.: Fax:

2 The Geneva Association Working Paper Series Études et Dossiers appear at irregular intervals about times per year. Distribution is limited. The Études et Dossiers are the working paper series of The Geneva Association. These documents present intermediary or final results of conference proceedings, special reports and research done by The Geneva Association. Where they contain work in progress or summaries of conference presentations, the material must not be cited without the express consent of the author in question. Layout & Distribution: Valéria Kozakova The Geneva Association - Association Internationale pour l'etude de l'economie de l'assurance

3 The Paradigms of the Value - Insurance Companies and Banks: Complementariness and Competition. How to Produce the Highest Value from the Cooperation Between Banks and Insurance Companies Fausto Marchionni 1 EVOLUTION OF THE INSURANCE OFFER (1/3) NON-LIFE MARKET DISTRIBUTION CHANNELS ANALYSIS IN THE RANGE Data source: ANIA 80,0 60,0 40,0 20, MARKET SHARE % Agents Broker (*) Direct selling Bank branches Financial Advisors CHANNELS MARKET SHARE % 2004 AVERAGE Agents 86,1 85,2 85,3 84,5 84,2 85,1 Broker (*) 7,5 7,5 7,6 7,7 7,5 7,6 Direct selling 5,3 6,0 6,0 6,2 6,6 6,0 of which internet and call selling 1,5 2,2 2,4 2,6 2,7 2,3 Bank branches 1,0 1,2 1,0 1,5 1,7 1,3 Financial advisors TOTAL Total Gross Premiums

4 EVOLUTION OF THE INSURANCE OFFER (2/3) LIFE MARKET ANALYSIS OF THE DISTRIBUTION CHANNELS IN THE RANGE Data source: ANIA 70,0 60,0 50,0 40,0 30,0 20,0 10, MARKET SHARE % Bank branches Agents Direct selling Financial Advisors Broker CANALI MARKET SHARE % 2004 AVARAGE Bank branches 56,3 58,9 58,6 60,6 59,0 58,7 Agents 19,6 18,3 18,6 18,2 19,9 18,9 Direct selling 8,9 10,9 12,6 12,4 11,7 11,3 Financial Advisors 14,3 11,2 9,5 7,6 8,5 10,2 Broker 0,9 0,7 0,7 1,2 0,9 0,9 TOTAL Total Gross Premiums EVOLUTION OF THE INSURANCE OFFER (3/3) INCREASE OF THE PERCENTAGE OF THE FINANCIAL ACTIVITIES INVESTED IN PRODUCTS WITH GROWING FINANCIAL COMPONENT MORE INTEREST IN INVESTMENT FUNDS AND SHARES ANSWER BY THE INSURANCE COMPANY SHIFT FROM THE OFFER OF COVER PRODUCTS TO THE OFFER OF INVESTMENT AND SAVING PRODUCTS 4 6-2

5 INSURANCE PRODUCTS PORTFOLIO: TREND (Values %) (possesso personale escluse polizze aziendali) Source: Eurisko Prometeia March 2007 (Osservatorio sui risparmi delle famiglie) 5 A NEW OPPORTUNITY TO TAKE: SUPPLEMENTARY ALLOWANCE Penetration of Retirement Products (Premiums/GDP) Holland Switzerland UK Spain France Belgium Germany 124,9% 117,4% 7% 9,1% 5,8% 4,2% 3,9% Italy 2,8% Deep gap with respect to the main European countries that could be covered also with the enforcement of the reform on the supplementary allowance 6 6-3

6 MAIN LIFE BANCASSURANCE AGREEMENTS IN ITALY Bank Group Insurance Vehicles Insurance Partner (1) Premiums ( mln) MKT Share - Life Branches Eurizon Vita Veicolo dedicato ,4% Intesa Vita Generali (5) ,8% CreditRas Vita Ras (5) , Aviva Aviva Italia Holding (51%) ,8% Cnp Capitalia Cnp (57,5%) ,4% BPV Vita 720 1, 792 (2) Fondiaria-Sai (5) Novara Vita 889 1,3% 418 Eurovita Assicurazioni (3) Aviva (4) Aviva Previdenza Aviva (5) (4) 792 1,1% 570 Unipol 218 0,3% 403 Aviva Vita Aviva (5) 755 1,1% UBI Vita Veicolo dedicato 325 0,5% Lombarda Vita Cattolica Ass (50,01%) , 811 MPS Vita Axa (5) ,6% Quadrifoglio Vita Unipol (5) 838 1,2% 295 Arca Vita (5) Consorzio 603 0,9% Bipiemme Vita Fondiaria-Sai (51%) 757 1,1% 711 Antonveneta Vita Lloyd Adriatico (5) 888 1,3% BNL Vita Unipol (5) ,5% 727 Po Vita Fondiaria-Sai (5) 932 1,3% 665 Centro Vita Cardif (49%) 631 0,9% 553 Berica Vita Cattolica Ass (5) 225 0,3% 528 Vicenza Life Cattolica Ass (5) 212 0,3% (1) Italian GAAP. The premiums do not take into account the production of San Paolo Life (Eurizon Vita), Fineco Life (Cnp Capitalia) and MPS Life (MPS Vita) (2) The new Gruppo Banco Popolare signed an agreement with Fondiaria-Sai for the sole right of bancassurance on: ex-bpvn network as from January 2008; on ex-reti Bancarie (BPI) network as from May 2009; on the remaining part of ex-bpi network as from January 2010 (3) Share of indirect holding; Aviva controls 5 of Finoa, which owns 8 of Eurovita Previdenza (4) Distribution agreement between Aurora Assicurazioni (Unipol) and Reti Bancarie (BPI) (5) Cooperative company whose some of the main shareholders are BPER, BP Sondrio and Meliorbanca Source: ANIA-Companies balance sheets at 31/12/ 7 LIFE BANCASSURANCE OF FONDIARIA SAI GROUP AGREEMENT WITH BANCA POPOLARE DI MILANO AGREEMENT WITH CARIPARMA & PIACENZA AGREEMENT WITH BANCA POPOLARE NOVARA 51% 49% Contribution Products development Training and netwok assistance Actuarial services and Risk Management (Health) claims handling Contribution Distribution network Technical reserves management Portfolio management and BPM Vita liquidity On the 27 December, Fondiaria-Sai and Cassa di Risparmio di Parma & Piacenza (Credit Agricole Group) announced the signature of an agreement that extends the bancassurance distribution agreement for at least further 12 months Fondiaria-Sai and Banco Popolare have extended the agreement with Novara Vita all through 2007 Banco Popolare and Fondiaria-Sai signed an agreement on the 31 st may 2007 for the development of an exclusive strategic partnership in the bancassurance activity of Banco Popolare in Life business and Social Security Business data Data in million (Italian GAAP) Gross Premiums Technical reserves Increase % +7% +4 Business Data Data in million (italian GAAP) Gross Premiums Technicla reserves Increase% +23% +4 Business Data Data in million (italian GAAP) Gross Premiums Technicla reserves Increase% +7%

7 NON-LIFE BANCASSURANCE IN EUROPE National bancassurance market in non-life class premiums FROM NOTHING IN 1990 TO A REAL CHANNEL IN RATINGS 9% 5-9% 1-4% 11% 2% 2% Bancassurance market share 8% 1% 2% % 7% 9% 2% 5% 0,3% 1 6% 1,7% 2 1 Data source: Danmark, Finland, Greece, Norway, Sweden, Switzland and Germany (Giornale delle Assicurazioni sept. 06). Italy data ANIA-Annual report Remaining EEC countries (August 2008) 9 MAIN NON-LIFE BANCASSURANCE AGREEMENTS IN ITALY Gruppo Bancario Veicolo assicurativo Partner assicurativo Premi ( mln) MKT Share - Vita Sportelli (1) EurizonTutela Veicolo dedicato 99 0,3% (2) CreditRas Assicurazioni Allianz (5) 85 0,2% Capitalia Assicurazioni Fondiaria SAI (5 ) 38 % Novara Assicura Aviva 2 0, 418 UBI Assicurazioni Veicolo dedicato 250 0,6% (3) Mps Assicurazioni Danni Axa 65 0,2% Fondiaria SAI n.a. n.a. 711 Arca Assicurazioni Veicolo dedicato 76 0,2% Antonveneta Assicurazioni Lloyd Adriatico (5) 38 0, ABC Assicura Cattolica (5 ) 2 0, 528 Carige Assicurazioni Veicolo dedicato 565 0,5% 512 Credem assicurazioni Assurances Mutuelles de 24 % 447 France A.M. (5 ) (1) Sanpaolo Group branches, after Cassa dei Risparmi di Forlì e della Romagna branches (2) Distribution agreement on Unicredit Banca S.p.A., Unicredit Banca per l Impresa S.p.A. and Unicredit Private Banking branches, (3) The number of branches includes, besides those of MPS Group, the branches of Banca Monte Parma and Banca Popolare di Spoleto, banks outside the Group Source: ANIA, Companies balance sheets at 31/12/ (branches)

8 NON-LIFE BANCASSURANCE OF FONDIARIA SAI GROUP AGREEMENT WITH CAPITALIA AGREEMENT WITH BANCA POPOLARE DI MILANO 50 51% 49% 51% 49% NEWCO DISTRIBUTION AGREEMENT Contribution Claims settlement network Know-how Commercial support in nonlife class Outsurcing activities Contribution 4 bank network branches financial advisors 4 million customers The project of non-life bancassurance with BPM provides for the incorporation of a Newco that will be effective as from 1/1/08. The Newco, through ten-year lasting distribution agreements, will distribute non-life insurance products on BPM Group network. 11 BANCA SAI Banca Sai in Fondiaria Sai Group Business Model It was founded in 2001 with the registered office in Torino and it develops and promotes the sale of bank and handled saving products, achieving a concrete integration amoung insurance, financial and bank offer. Banca Sai controls 10 of Finitalia, a company that offers the Group s customers funding and insurance premiums division services. CHANNELS Banca Sai branch offices Financial representatives Group Agencies Online channel COMMERCIAL MODEL PRODUCTS Handled savings Bank products Fundings CUSTOMERS Gruppo Bancario Corporate/institutional Retail Small Business SOME SYNTHESIS DATA financial advisors Handled Mass 600 mil (of which 516 Sai AM) 158 mil supplied fundings agencies with Finitalia mandate

Montepaschi Vita Annual F orum. Rome, October 12th - Grand Hotel Plaza, via del Corso, 126

Montepaschi Vita Annual F orum. Rome, October 12th - Grand Hotel Plaza, via del Corso, 126 Montepaschi Vita Annual F orum Rome, October 12th - Grand Hotel Plaza, via del Corso, 126 2007 The Paradigms of the Value Insurance companies and banks: complementariness and competition How to produce

More information

Unipol Gruppo Finanziario Bancassurance Strategy

Unipol Gruppo Finanziario Bancassurance Strategy UNIPOL GRUPPO FINANZIARIO UBS The Italian Financial Services Conference 2010 Unipol Gruppo Finanziario Bancassurance Strategy 21 January 2010 Carlo Cimbri, General Manager Agenda The Bancassurance scenario

More information

25 May 2010 GRUPPO CARIGE 1

25 May 2010 GRUPPO CARIGE 1 GRUPPO CARIGE 25 May 2010 GRUPPO CARIGE 1 Agenda Carige Group at a glance Key financial highlights FY09 results 1Q10 results Strategic Priorities GRUPPO CARIGE 2 Banca Carige Group today Fondazione CR

More information

Aviva Italy Italy s pre-eminent bancassurer Cesare Brugola

Aviva Italy Italy s pre-eminent bancassurer Cesare Brugola Aviva Italy Italy s pre-eminent bancassurer Cesare Brugola Avivaplc Agenda Growth market and Aviva s positioning Bancassurance partnerships Products Shareholder value Future opportunities Slide 77 The

More information

Presentation of Cattolica Group

Presentation of Cattolica Group Ezio Paolo Reggia General Manager Kepler Equities ITALIAN FINANCIAL CEO CONFERENCE Milan, September 28th 2004 Presentation of Cattolica Group 1 Agenda Group Profile Business Strategy First Half 2004 Results

More information

The Italian Insurance Market

The Italian Insurance Market www.pwc.com/it September 2015 The Italian Insurance Market (2014 figures+ 3M15 overview) Agenda Page 1 Italian insurance market snapshots 1 2 Italian life insurance market 7 3 Italian nonlife insurance

More information

Extract from. Études et Dossiers No. 295. Annual Liability Regimes Conference A European Perspective on Global Developments

Extract from. Études et Dossiers No. 295. Annual Liability Regimes Conference A European Perspective on Global Developments International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 295 Annual Liability Regimes Conference A an Perspective on Global Developments 27

More information

GRUPPO CARIGE. Nomura. Financial Services Conference 2011

GRUPPO CARIGE. Nomura. Financial Services Conference 2011 GRUPPO CARIGE Nomura Financial Services Conference 2011 1 September 2011 Agenda Carige Group at a glance Key financial highlights 1H11 results Strategic Plan 2011-2014 Annexes 2 Banca Carige Group ~50,000

More information

UNIPOL GROUP PRESENTATION. Figures as at 30 September 2002

UNIPOL GROUP PRESENTATION. Figures as at 30 September 2002 UNIPOL GROUP PRESENTATION Figures as at 30 September 2002 1 2 UNIPOL GROUP PRESENTATION SALES NETWORK FINANCIAL HIGHLIGHTS GROUP SUBSIDIARIES TARGETS UNIPOL GROUP STRUCTURE AS AT 30/09/2002 /2002 UNIPOL

More information

Extract from. Etudes et Dossiers No. 351. The AXA MPS Annual Forum 2008. Rome, 10 October 2008

Extract from. Etudes et Dossiers No. 351. The AXA MPS Annual Forum 2008. Rome, 10 October 2008 International Association for the Study of Insurance Economics Études et Dossiers Extract from Etudes et Dossiers No. 351 The AXA MPS Annual Forum 2008 Rome, 10 October 2008 11 th Meeting of The Geneva

More information

Cattolica Group: Strategy and Results

Cattolica Group: Strategy and Results Giulio Fezzi - Chief Financial Officer and IR Manager Borsa Italiana Italian Large and Mid Cap Conference 2006 : Strategy and Results Paris, 16 th May 2006 1 Agenda at a glance Strategic framework and

More information

Today Eurocrea is organized in three different business units: Eurocrea Consulting; Eurocrea Financial Services; Eurocrea Merchant.

Today Eurocrea is organized in three different business units: Eurocrea Consulting; Eurocrea Financial Services; Eurocrea Merchant. Eurocrea was established in 1988 aiming at providing SMEs with consulting and other services related to Subsidized Credit. Since then it has always played a leading role in this sector which had not been

More information

Cattolica Group: Strategy and Results

Cattolica Group: Strategy and Results Giulio Fezzi - Chief Financial Officer and IR Manager Andrea Battista - General Manager Duomo Assicurazioni and IR Borsa Italiana Italian Investor Conference 2006 : Strategy and Results New York, 3-4 April

More information

Nomura. Financial Services Conference. 1 September 2011

Nomura. Financial Services Conference. 1 September 2011 GRUPPO CARIGE Nomura Financial Services Conference 2011 1 September 2011 Agenda Carige Group at a glance Key financial highlights 1H11 results Strategic Plan 2011-2014 Annexes 2 Banca Carige Group ~50,000

More information

START OF THE BANKING & INSURANCE PARTNERSHIP BETWEEN THE CATTOLICA AND BANCA POPOLARE DI VICENZA GROUPS

START OF THE BANKING & INSURANCE PARTNERSHIP BETWEEN THE CATTOLICA AND BANCA POPOLARE DI VICENZA GROUPS PRESS RELEASE START OF THE BANKING & INSURANCE PARTNERSHIP BETWEEN THE CATTOLICA AND BANCA POPOLARE DI VICENZA GROUPS Signature today of a memorandum of understanding for a long-term business partnership

More information

The Italian Asset Management market

The Italian Asset Management market key figures Research Department 1. Summary statistics Open-end funds Mandates A snapshot of the insurance market The recovery, some tentative explanations 2. The European Investment Fund Industry Net assets

More information

LA VIA CATTOLICA CITIGROUP - ANNUAL PAN EUROPEAN SMALL/MID CAP CONFERENCE. Searching for new ways to create value and new value to create

LA VIA CATTOLICA CITIGROUP - ANNUAL PAN EUROPEAN SMALL/MID CAP CONFERENCE. Searching for new ways to create value and new value to create CITIGROUP - ANNUAL PAN EUROPEAN SMALL/MID CAP CONFERENCE LA VIA CATTOLICA Searching for new ways to create value and new value to create London, October 17th 2007 Contents Cattolica: a reshaped Group transformation

More information

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 377 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

More information

Milan January 29 th - 30 th, 2009 GRUPPO CARIGE 1

Milan January 29 th - 30 th, 2009 GRUPPO CARIGE 1 GRUPPO CARIGE Milan January 29 th - 30 th, 2009 GRUPPO CARIGE 1 Agenda Carige Group at a glance Key financial highlights Strategic Priorities 3Q08 results GRUPPO CARIGE 2 Banca Carige Group today ~53,000

More information

Results as at December 31 st, 2015 Cattolica Assicurazioni Group. Verona, March 10 th, 2016

Results as at December 31 st, 2015 Cattolica Assicurazioni Group. Verona, March 10 th, 2016 Results as at December 31 st, 2015 Cattolica Assicurazioni Group Verona, March 10 th, 2016 Agenda Results as at December 31 st, 2015 P&C Business Performance Life Business Performance Investments 2 Results

More information

Banca Popolare di Verona

Banca Popolare di Verona Banca Popolare di Verona Fabio Innocenzi, CEO Merrill Lynch Midcap Financial Conference London (UK), 12 December 2001 Brief Standalone Profile of BPV Merger between BPV and BPN BPV Group Structure Corporate

More information

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 377 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

More information

Cattolica Group: Strategic Opportunities and Capital Management

Cattolica Group: Strategic Opportunities and Capital Management Giulio Fezzi - Chief Financial Officer and IR Manager Andrea Battista - General Manager Duomo Assicurazioni and IR UBS The Italian Financial Services Conference 2006 Capital allocation and strategic opportunities

More information

Emilia Romagna Factor SpA. Shareholders. BPER Group. What is factoring. With recourse factoring. Without recourse factoring.

Emilia Romagna Factor SpA. Shareholders. BPER Group. What is factoring. With recourse factoring. Without recourse factoring. Emilia Romagna Factor SpA Shareholders BPER Group What is factoring With recourse factoring Without recourse factoring Export factoring Maturity factoring Advantages for the company Contacts Emil-Ro Factor

More information

Crédit Agricole Group in Italy. Milan, 21 January 2010

Crédit Agricole Group in Italy. Milan, 21 January 2010 Crédit Agricole Group in Italy Milan, 21 January 2010 Contents History of Crédit Agricole presence in Italy The second home market of the Group with local roots Cariparma FriulAdria Group Retail banking

More information

Extract from. Études et Dossiers No. 364. M.O.R.E. 24 Seminar. Modelling and Mapping Risks (MMR) 24 25 June 2010 Bermuda

Extract from. Études et Dossiers No. 364. M.O.R.E. 24 Seminar. Modelling and Mapping Risks (MMR) 24 25 June 2010 Bermuda International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 364 M.O.R.E. 24 Seminar Modelling and Mapping Risks (MMR) 24 25 June 2010 Bermuda This

More information

Extract from. Études et Dossiers No. 396. 9 th Insurance and Finance Seminar of The Geneva Association. 11-12 December 2012 London.

Extract from. Études et Dossiers No. 396. 9 th Insurance and Finance Seminar of The Geneva Association. 11-12 December 2012 London. International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 396 9 th Insurance and Finance Seminar of The Geneva Association 11-12 December 2012

More information

Extract from. Études et Dossiers No. 333. M.O.R.E. 21 Seminar of The Geneva Association. Paris, 24-25 September 2007

Extract from. Études et Dossiers No. 333. M.O.R.E. 21 Seminar of The Geneva Association. Paris, 24-25 September 2007 International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 333 M.O.R.E. 21 Seminar of The Geneva Association Paris, 24-25 September 2007 & 25

More information

Banca Popolare di Vicenza

Banca Popolare di Vicenza Banca Popolare di Vicenza Company profile Latest update September 2015 Disclaimer This presentation does not constitute an offer or invitation to subscribe for or purchase, or a solicitation of any offer

More information

Extract from. Études et Dossiers No. 357. 6 th Geneva Association Health and Ageing Conference

Extract from. Études et Dossiers No. 357. 6 th Geneva Association Health and Ageing Conference International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 357 6 th Geneva Association Health and Ageing Conference Health and Long-Term Care

More information

Cattolica Group: Growth and Value Mix

Cattolica Group: Growth and Value Mix Giorgio Zampieri Group CFO and IR Manager Italian Investment Seminar Dresdner Kleinwort Wasserstein and Borsa Italiana : Growth and Value Mix Frankfurt, 28 September 2005 1 Agenda at a glance Market scenario

More information

Company Presentation

Company Presentation Company Presentation Business overview AGENDA Unipol - Fondiaria-SAI Integration Plan* 1Q13 Results *Extract from presentation of 20th December 2012 ABOUT US Unipol Group operates as a leader in the Italian

More information

Business overview. 2013 2015 Plan. 9M13 Results. Exchange offer. Appendix

Business overview. 2013 2015 Plan. 9M13 Results. Exchange offer. Appendix Group Presentation Business overview AGENDA 2013 2015 Plan 9M13 Results Exchange offer Appendix OVER 50 YEARS OF EXPERIENCE 1963 70 s- 80 s Mid- 90 s Early 00 s Late 00 s 2010-11 The Compagnia Assicuratrice

More information

Extract from. Études et Dossiers No. 338

Extract from. Études et Dossiers No. 338 International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 338 3rd Chief Risk Officer Assembly Key drivers of a new risk culture 26 27 November

More information

HISTORICAL MAP IMAGES SOURCES ARCHIVES THE PLURAL ROOTS OF INTESA SANPAOLO. www.group.intesasanpaolo.com

HISTORICAL MAP IMAGES SOURCES ARCHIVES THE PLURAL ROOTS OF INTESA SANPAOLO. www.group.intesasanpaolo.com Archivio Storico Intesa Sanpaolo Via Morone 3-20121 Milano archivio.storico@intesasanpaolo.com Direction Francesca Pino Coordination Paola Chiapponi Barbara Costa Historical research and texts Alessandro

More information

Sanpaolo Wealth Management

Sanpaolo Wealth Management Sanpaolo Wealth Management Implementation update and operating results Analyst Meeting Milan, October 6 th 2003 AGENDA 1. SANPAOLO WEALTH MANAGEMENT: MISSION AND KEY FIGURES 2. RESULTS AND IMPACT ON VALUE

More information

Extract from. Études et Dossiers No. 397. 15 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

Extract from. Études et Dossiers No. 397. 15 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 397 15 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

More information

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

Extract from. Études et Dossiers No. 377. 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 377 13 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists

More information

Extract from. Études et Dossiers No. 343. 8th CEO Insurance Summit in Asia

Extract from. Études et Dossiers No. 343. 8th CEO Insurance Summit in Asia International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 343 8th CEO Insurance Summit in Asia Achieving Regional Synergies & Partnerships to

More information

Cattolica 2008-2010: Turning Around to Higher Profitability

Cattolica 2008-2010: Turning Around to Higher Profitability Cattolica 2008-2010: Turning Around to Higher Profitability 9th Deutsche Bank Italian Conference Giovan Battista Mazzucchelli General Manager Milan, May 30 2008 2007 and 1Q2008 update 2008-10 Business

More information

Extract from. Études et Dossiers No. 331. 7th Asian CEO Insurance Summit. Managing the Potential of Profits in Risks. Singapore, 6 8 March 2007

Extract from. Études et Dossiers No. 331. 7th Asian CEO Insurance Summit. Managing the Potential of Profits in Risks. Singapore, 6 8 March 2007 International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 331 7th Asian CEO Insurance Summit Managing the Potential of Profits in Risks Singapore,

More information

BANCA CARIGE. Italian Large and Mid Cap Conference 2007. Giacomo Burro, CFO. Cassa di Risparmio di Genova e Imperia. Paris, 24 May 2007 -1-

BANCA CARIGE. Italian Large and Mid Cap Conference 2007. Giacomo Burro, CFO. Cassa di Risparmio di Genova e Imperia. Paris, 24 May 2007 -1- Cassa di Risparmio di Genova e Imperia Italian Large and Mid Cap Conference 2007 Paris, 24 May 2007 Giacomo Burro, CFO -1- Agenda Carige Group Overview Italian Large and Mid Cap Conference 2007 Strategic

More information

The Italian NPL market

The Italian NPL market www.pwc.com/it The Italian NPL market 1H 2013 Market update 1 At a glance The NPL volume and coverage levels The Gross NPL volume continues to grow and reached 140 bn in July 13. Despite 2012 YE and 1H

More information

Alfredo Sanguinetto General Manager

Alfredo Sanguinetto General Manager Cassa di Risparmio di Genova e Imperia Genoa, 12 th October 2007 Alfredo Sanguinetto General Manager AGENDA A LONG SEASON OF SOUND ACQUISITIONS ISP BRANCHES DEAL PURCHASE OF 78 ISP BRANCHES COMPARED WITH

More information

Founded in 1910. Credem Group Updated at 06/30/2015 TOP MANAGEMENT. Branches, corporate centres and financial stores Employees 5,852

Founded in 1910. Credem Group Updated at 06/30/2015 TOP MANAGEMENT. Branches, corporate centres and financial stores Employees 5,852 Credem Group Updated at 06/30/2015 Founded in 1910 TOP MANAGEMENT 636 5,852 804 264 117 22 billion 18.5 billion Branches, corporate centres and financial stores Employees Financial advisors with mandate

More information

JOB TITLE COUNTRY COMPANY FINANCIAL STRATEGY AND CAPITAL MARKETS A2A S.P.A. ITALY CREDIT ANALYST ABI ITALY MANAGING PARTNER ABSOLUTE ENERGY CAPITAL

JOB TITLE COUNTRY COMPANY FINANCIAL STRATEGY AND CAPITAL MARKETS A2A S.P.A. ITALY CREDIT ANALYST ABI ITALY MANAGING PARTNER ABSOLUTE ENERGY CAPITAL COMPANY A2A S.P.A. ABI ABSOLUTE ENERGY CAPITAL AEROPORTO G. MARCONI DI BOLOGNA S.P.A. AGENZIA DEL DEMANIO ALBA LEASING ALBA LEASING ALESSIA SICAV ALGEBRIS INVESTMENTS ALITALIA AMPLIFON AMUNDI ARCA SGR

More information

An introduction to the UBI Banca Group. Ernst Rolf Hartmann

An introduction to the UBI Banca Group. Ernst Rolf Hartmann An introduction to the UBI Banca Group Ernst Rolf Hartmann The History of UBI Banca explains strong customer loyalty and stability of funding base Unione di Banche Italiane Scpa ( UBI Banca ) was formed

More information

Extract from. Études et Dossiers No. 360. Global regulatory and supervisory repair: aligning national interests and international necessities

Extract from. Études et Dossiers No. 360. Global regulatory and supervisory repair: aligning national interests and international necessities International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 360 26 th PROGRES International Seminar Global regulatory and supervisory repair: aligning

More information

PROSPECTUS SUPPLEMENT. INTESA SANPAOLO S.p.A. (incorporated as a società per azioni in the Republic of Italy)

PROSPECTUS SUPPLEMENT. INTESA SANPAOLO S.p.A. (incorporated as a società per azioni in the Republic of Italy) PROSPECTUS SUPPLEMENT INTESA SANPAOLO S.p.A. (incorporated as a società per azioni in the Republic of Italy) as Issuer and, in respect of Notes issued by Intesa Bank Ireland p.l.c. and Sanpaolo IMI Bank

More information

Extract from. Études et Dossiers No. 393. 9 th International Liability Regimes Conference of The Geneva Association

Extract from. Études et Dossiers No. 393. 9 th International Liability Regimes Conference of The Geneva Association International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 393 9 th International Liability Regimes Conference of The Geneva Association Evolving

More information

Extract from. Études et Dossiers No. 384. 8 th Insurance and Finance Seminar of The Geneva Association 7-8 December 2011 London

Extract from. Études et Dossiers No. 384. 8 th Insurance and Finance Seminar of The Geneva Association 7-8 December 2011 London International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 384 8 th Insurance and Finance Seminar of The Geneva Association 7-8 December 2011

More information

Ranking of the Largest European Insurance Groups 2012. Total, Life and Non-Life

Ranking of the Largest European Insurance Groups 2012. Total, Life and Non-Life Ranking of the Largest European Insurance Groups 2012 Total, Life and Non-Life November 2013 Total Ranking In an environment marked by economic problems and low interest rates, the ten largest European

More information

Integration Plan Unipol Fondiaria SAI. Presentation of the joint Business Plan to the financial community

Integration Plan Unipol Fondiaria SAI. Presentation of the joint Business Plan to the financial community Integration Plan Unipol Fondiaria SAI Presentation of the joint Business Plan to the financial community Bologna, December 20th, 2012 Context Today, the Board of Directors of Unipol Assicurazioni, Premafin,

More information

BANKING JOB LOSS SURVEY JOB LOSSES AND RESTRUCTURING PROCESS IN THE FINANCIAL SECTOR

BANKING JOB LOSS SURVEY JOB LOSSES AND RESTRUCTURING PROCESS IN THE FINANCIAL SECTOR BANKING JOB LOSS SURVEY JOB LOSSES AND RESTRUCTURING PROCESS IN THE FINANCIAL SECTOR UNI Finance Global Union Job Losses and Restructuring Process in the Financial Sector 1 Summary of key trends and results

More information

FOCUS ON YOUR BUSINESS. Sign up now for an efficient future.

FOCUS ON YOUR BUSINESS. Sign up now for an efficient future. FOCUS ON YOUR BUSINESS Sign up now for an efficient future. Welcome to Wacom esignature http://business.wacom.com Handwritten electronic signatures are becoming more common in the world of business. They

More information

FEDERAL RESERVE SYSTEM. Banca di Roma, S.p.A. Rome, Italy. Order Approving Establishment of Branches and an Agency

FEDERAL RESERVE SYSTEM. Banca di Roma, S.p.A. Rome, Italy. Order Approving Establishment of Branches and an Agency FEDERAL RESERVE SYSTEM Banca di Roma, S.p.A. Rome, Italy Order Approving Establishment of Branches and an Agency Banca di Roma, S.p.A. ( Bank ), Rome, Italy (formerly known as Minghetti Finanziaria, S.p.A.

More information

MOODY S CONFERMA IL RATING (A3) PER LA CAPOGRUPPO E LA CONTROLLATA BANCAPERTA E MODIFICA L OUTLOOK DA STABILE A NEGATIVO

MOODY S CONFERMA IL RATING (A3) PER LA CAPOGRUPPO E LA CONTROLLATA BANCAPERTA E MODIFICA L OUTLOOK DA STABILE A NEGATIVO COMUNICATO STAMPA MOODY S CONFERMA IL RATING (A3) PER LA CAPOGRUPPO E LA CONTROLLATA BANCAPERTA E MODIFICA L OUTLOOK DA STABILE A NEGATIVO Milano, 23 giugno 2011. In data odierna l Agenzia Moody s ha confermato

More information

Bancassurance Models. Around the World

Bancassurance Models. Around the World Bancassurance Models Distribution Channels for Life Insurance: A Global Perspective Around the World 2nd Life Insurance Forum Amsterdam, April 9 th 10 th 2014 Finaccord Ltd., 2014 Web: www.finaccord.com.

More information

ITALIAN MARKET TRENDS 2012/13 Research & Development Department

ITALIAN MARKET TRENDS 2012/13 Research & Development Department Generali Group INSURANCE DOSSIER 2014 ITALIAN MARKET TRENDS 2012/13 Research & Development Department generali.com EDITED BY: Raffaella Bagata Roberto Menegato Federica Tartara Paolo Zanghieri CONTACTS:

More information

Non-Life Bancassurance in Europe: Motor and Household Insurance

Non-Life Bancassurance in Europe: Motor and Household Insurance Non-Life Bancassurance in Europe: Motor and Household Insurance Report Prospectus November 2011 Finaccord, 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the

More information

Life Bancassurance in Europe: Protection-Related Life Insurance

Life Bancassurance in Europe: Protection-Related Life Insurance Life Bancassurance in Europe: Protection-Related Life Insurance Report Prospectus November 2011 Finaccord, 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the

More information

C P M P r o j e c t C a s e S t u d y

C P M P r o j e c t C a s e S t u d y C P M P r o j e c t C a s e S t u d y Intesa Sanpaolo I n t r o d u c t i o n Intesa Sanpaolo The Intesa Sanpaolo Group is a synthesis of the history and values of two protagonists of the banking industry

More information

BANCA CARIGE SpA Cassa di Risparmio di Genova e Imperia

BANCA CARIGE SpA Cassa di Risparmio di Genova e Imperia -1- BANCA CARIGE SpA Cassa di Risparmio di Genova e Imperia European Banks & Misc. Financials KBW Conference 2006 -2- Agenda Banca Carige overview Carige share performance 1H06 results The Strategic Plan

More information

2001 Consolidated Annual Accounts

2001 Consolidated Annual Accounts 2001 Consolidated Annual Accounts GROUP HIGHLIGHTS (ITLbn) ( m) 2001 2000 1999 2001 2000 1999 Gross premiums 9,571.1 6,265.2 3,585.0 4,943.1 3,235.7 1,851.5 % increase 52.8 74.8 17.1 52.8 74.8 17.1 % of

More information

Extract from. Études et Dossiers No. 355. 24-26 March 2009 Hong Kong

Extract from. Études et Dossiers No. 355. 24-26 March 2009 Hong Kong International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 355 9 th CEO Insurance Summit in Asia 24-26 March 29 Hong Kong This document is free

More information

BNP Paribas. Italy : a New Home Market in Europe. Philippe Bordenave. Chief Financial Officer

BNP Paribas. Italy : a New Home Market in Europe. Philippe Bordenave. Chief Financial Officer BNP Paribas Italy : a New Home Market in Europe Philippe Bordenave Chief Financial Officer June 9 th 2006 1 Disclaimer Some information contained in this presentation and other information or material

More information

BNP Paribas Proposed Acquisition of BNL

BNP Paribas Proposed Acquisition of BNL BNP Paribas Proposed Acquisition of BNL Creating a New Home Market in Europe February 7, 2006 1 Important notice The consummation of the proposed acquisition is subject to the following conditions precedent:

More information

PRESS RELEASE. Adjusted consolidated net income for the first quarter of 2007 at 1,313 million euro, +13.2% (2006 first quarter: 1,160 million).

PRESS RELEASE. Adjusted consolidated net income for the first quarter of 2007 at 1,313 million euro, +13.2% (2006 first quarter: 1,160 million). PRESS RELEASE INTESA SANPAOLO: RESULTS AS AT 31 st MARCH 2007 Consolidated net income for the first quarter of 2007 at 4 billion euro with capital gains on the sale of Cariparma e FriulAdria (2006 first

More information

The Italian Asset Management market

The Italian Asset Management market key figures 23 April 2014 Research Department 1. Summary statistics Open-end funds Mandates The recent mkt recovery, some tentative explanations 2. The European Investment Fund Industry Net assets & sales

More information

Interim Management Report as of March 31 st, 2008

Interim Management Report as of March 31 st, 2008 Interim Management Report as of March 31 st, 2008 Approved by the Board of Directors on May 13 th, 2008 1 Contents Directors and Officers 5 Introduction 7 Group Structure 9 Consolidated accounting schedules

More information

2. Italy Life and Non-Life Insurance Market Size by Value, 2001-2015

2. Italy Life and Non-Life Insurance Market Size by Value, 2001-2015 TABLE OF CONTENTS 1. Italy Insurance Market Introduction 2. Italy Life and Non-Life Insurance Market Size by Value, 2001-2015 3. Italy Life and Non-Life Insurance Density, Premium Per Capita, USD, 2001-2015

More information

Prelios. 9M 2010 Results

Prelios. 9M 2010 Results Prelios 9M Results 1 Prelios 9M key Messages Separation process successfully completed. Shares assigned Real estate market shows signs of Stability Fixed cost savings target for already achieved NFP: Increasing

More information

Net Insurance Group Company Profile. - November 2013 -

Net Insurance Group Company Profile. - November 2013 - Net Insurance Group Company Profile - November 2013 - Disclaimer The information contained in this presentation is confidential and proprietary and is intended only for the persons to whom it is transmitted

More information

Results as at September 30 th 2014 Cattolica Assicurazioni Group

Results as at September 30 th 2014 Cattolica Assicurazioni Group Results as at September 30 th 2014 Cattolica Assicurazioni Group Verona, November 13 th 2014 1 Agenda 3Q 2014 Results Non-Life Business Performance Life Business Performance Investments 2 9M 2014 Results

More information

Yard Group. Mortgage valuations. Title search Property documentation. Technical Due Diligence Construction, as-built surveys Valuations.

Yard Group. Mortgage valuations. Title search Property documentation. Technical Due Diligence Construction, as-built surveys Valuations. Mortgage valuations Technical Due Diligence Construction, as-built surveys Valuations Title search Property documentation Advisory Agency Mortgage underwriting services e-discharge of mortgage NPL management

More information

Affinity and Partnership Marketing in UK Life Insurance and Pensions

Affinity and Partnership Marketing in UK Life Insurance and Pensions Brochure More information from http://www.researchandmarkets.com/reports/1194874/ Affinity and Partnership Marketing in UK Life Insurance and Pensions Description: Finaccord's report titled Affinity and

More information

Études et Dossiers No. 337. The Insurance Industry and Enterprise Risk Management: From Compliance to Value Creation. 21 November 2007 Milan &

Études et Dossiers No. 337. The Insurance Industry and Enterprise Risk Management: From Compliance to Value Creation. 21 November 2007 Milan & International Association for the Study of Insurance Economics Études et Dossiers Études et Dossiers No. 337 The Insurance Industry and Enterprise Risk Management: From Compliance to Value Creation 21

More information

Affinity and Partnership Marketing in UK Travel and Pet Insurance

Affinity and Partnership Marketing in UK Travel and Pet Insurance Brochure More information from http://www.researchandmarkets.com/reports/1194877/ Affinity and Partnership Marketing in UK Travel and Pet Insurance Description: Finaccord's report titled Affinity and Partnership

More information

Insurance corporations and pension funds in OECD countries

Insurance corporations and pension funds in OECD countries Insurance corporations and pension funds in OECD countries Massimo COLETTA (Bank of Italy) Belén ZINNI (OECD) UNECE, Expert Group on National Accounts, Geneva - 3 May 2012 Outline Motivations Insurance

More information

A new way to gain competitive advantage in motor business UBS Italian Financial Services Conference 2007 Competing for sustainable returns

A new way to gain competitive advantage in motor business UBS Italian Financial Services Conference 2007 Competing for sustainable returns A new way to gain competitive advantage in motor business UBS Italian Financial Services Conference 2007 Competing for sustainable returns Milan, February 2nd 2007 1 Agenda The strategic scenario The joint-venture

More information

The Italian Asset Management market

The Italian Asset Management market key figures Research Department 1. Summary statistics Open-end funds Mandates The recent mkt recovery, some tentative explanations 2. The European Investment Fund Industry Net assets & sales by fund /

More information

Extract from. Études et Dossiers No. 355. 24-26 March 2009 Hong Kong

Extract from. Études et Dossiers No. 355. 24-26 March 2009 Hong Kong International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 355 9 th CEO Insurance Summit in Asia 24-26 March 2009 Hong Kong This document is free

More information

CERTIFICATES BNP PARIBAS

CERTIFICATES BNP PARIBAS NL0011009329 EuroStoxx Telecommunications Athena Investiment NL0011288113 S&P GSCI Crude Oil ER Athena Phoenix Investiment NL0010730149 BANCO POPOLARE Bonus Cap Investiment NL0011009196 BANCO POPOLARE

More information

Presentation of consolidated results as at 31 March 2014. Carlo Cimbri CEO Bologna, 15 May 2014

Presentation of consolidated results as at 31 March 2014. Carlo Cimbri CEO Bologna, 15 May 2014 Presentation of consolidated results as at 31 March 2014 Carlo Cimbri CEO Bologna, 15 May 2014 Consolidated results Insurance business Non-Life insurance business Life insurance business Agenda Banking

More information

Implicit subsidies for a sample of EU banks in 2013

Implicit subsidies for a sample of EU banks in 2013 Implicit subsidies for a sample of EU banks in 2013 This study was commissioned by the Greens/EFA group in the European Parliament and researched and written by Alexander Kloeck, independent consultant.

More information

Unipol Fondiaria SAI Integration Plan

Unipol Fondiaria SAI Integration Plan Unipol Fondiaria SAI Integration Plan UBS Italian Financial Services Conference 2013 Milan, 17 January 2013 Context This document, drawn up jointly by the management of Unipol Group companies and FonSAI,

More information

Presentation of consolidated results as at 30 June 2014. Carlo Cimbri CEO Bologna, 6 August 2014

Presentation of consolidated results as at 30 June 2014. Carlo Cimbri CEO Bologna, 6 August 2014 Presentation of consolidated results as at 30 June 2014 Carlo Cimbri CEO Bologna, 6 August 2014 Unipol Group key operations Consolidated results Insurance business Non-Life insurance business Agenda Life

More information

BNP Paribas in Italy. Developing Our Second Domestic Market. Jean Clamon. Chief Operating Officer. 15 June 2007

BNP Paribas in Italy. Developing Our Second Domestic Market. Jean Clamon. Chief Operating Officer. 15 June 2007 BNP Paribas in Italy Developing Our Second Domestic Market Jean Clamon Chief Operating Officer 15 June 2007 1 Disclaimer This presentation includes forward-looking statements based on current beliefs and

More information

PRESS KIT January 2011

PRESS KIT January 2011 PRESS KIT January 2011 Contents UGF Group Overview... 3 Mission... 3 History... 4 2010-2012 Business Plan...5 2010-2012 Sustainability Plan...6 The Group....7 - Insurance sector....8 - Bancassurance sector....9

More information

PRESS RELEASE. BNP Paribas announces intent to acquire BNL

PRESS RELEASE. BNP Paribas announces intent to acquire BNL Paris, 3 February 2006 PRESS RELEASE BNP Paribas announces intent to acquire BNL BNL would become a key part of a global banking group with an outstanding European base and two home markets. BNP Paribas,

More information

Extract from. Études et Dossiers No. 332. 12 th Joint Seminar of the European Association of Law and Economics and The Geneva Association

Extract from. Études et Dossiers No. 332. 12 th Joint Seminar of the European Association of Law and Economics and The Geneva Association International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 332 12 th Joint Seminar of the European Association of Law and Economics and The Geneva

More information

ITALIAN INSURANCE IN FIGURES. Year 2015

ITALIAN INSURANCE IN FIGURES. Year 2015 ITALIAN INSURANCE IN FIGURES Year 2015 The Italian insurance industry gives a significant contribution to the economy and to the society, offering a wide range of services aiming at risk protection: from

More information

COMUNICATO STAMPA UBI BANCA: CONFERMA DEI RATING ASSEGNATI DA MOODY S

COMUNICATO STAMPA UBI BANCA: CONFERMA DEI RATING ASSEGNATI DA MOODY S COMUNICATO STAMPA UBI BANCA: CONFERMA DEI RATING ASSEGNATI DA MOODY S Bergamo, 1 luglio 2009 Si informa che in data odierna Moody s ha annunciato di aver concluso, per 22 banche italiane, il processo di

More information

Introduction to IDeA FIMIT

Introduction to IDeA FIMIT Milan, Star Conference - 27 March 2013 Introduction to IDeA FIMIT Massimo Brunelli, CEO In a nutshell IDeA FIMIT sgr is Italy s largest Real Estate Fund Management Company Established in October 2011 as

More information

Factoring and Banks. International workshop Factoring around Europe: Italy - Spain. Fausto Galmarini CEO UniCredit Factoring September 21 st 2007

Factoring and Banks. International workshop Factoring around Europe: Italy - Spain. Fausto Galmarini CEO UniCredit Factoring September 21 st 2007 Factoring and Banks International workshop Factoring around Europe: Italy - Spain Fausto Galmarini CEO UniCredit Factoring September 21 st 2007 International workshop Factoring around Europe: Italy - Spain

More information

Case No COMP/M.6921 - IBM ITALIA / UBIS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 19/06/2013

Case No COMP/M.6921 - IBM ITALIA / UBIS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 19/06/2013 EN Case No COMP/M.6921 - IBM ITALIA / UBIS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 19/06/2013 In electronic form

More information

PRESS KIT September 2011

PRESS KIT September 2011 PRESS KIT September 2011 Contents Unipol Group Overview... 3 Mission... 3 History... 4 2010-2012 Business Plan.....5 2010-2012 Sustainability Plan......6 Unipol Group's Rebranding......7 The Group....8

More information

PRESS RELEASE INTESA SANPAOLO: RESULTS AS AT 31 DECEMBER 2007

PRESS RELEASE INTESA SANPAOLO: RESULTS AS AT 31 DECEMBER 2007 PRESS RELEASE INTESA SANPAOLO: RESULTS AS AT 31 DECEMBER 2007 2007 consolidated net income at over 7.2 billion euro, including capital gains from disposals (2006: 4.7 billion). Proposal for dividend distribution:

More information

The Top 10 Global Insurance Companies: Increasing profitability, market share and competitive edge

The Top 10 Global Insurance Companies: Increasing profitability, market share and competitive edge Brochure More information from http://www.researchandmarkets.com/reports/227409/ The Top 10 Global Insurance Companies: Increasing profitability, market share and competitive edge Description: Last year,

More information

February 2012. Debt Collection Excellence

February 2012. Debt Collection Excellence February 2012 Debt Collection Excellence Table of Contents 1. Why dealing with debt collection today...3 2. International overview...5 3. Challenges in the domestic market...8 4. Ten points of debt collection

More information