BNP Paribas Cardif : a track record of growth
BNP Paribas Cardif recorded very good results in 2012, illustrating its sound foundations and ability to weather periods of economic turbulence.
Thanks to a stable business model based on long-term savings, protection insurance and geographic diversification of its businesses, BNP Paribas Cardif has passed the significant milestone of one billion euros in pre-tax net profit.
Insurance is a dynamic and resilient business that is anchored in long-term investments.
This position enables the company to provide financing for French businesses and the economy in general. In 2012 BNP Paribas Cardif took part in the launch of two new funds, BNP Paribas France Crédit, and the Fonds Stratégique de Participations.
In 10 years, its gross written premiums, net banking income and operating income tripled.