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Business wins |
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Strong rebound in Italy |
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| Italy, 2003 - Centrovita, a joint venture
between Cardif and Cassa di Risparmio di Firenze, posted
a very strong increase in savings business, coupled with
good performance in creditor insurance. |
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Natio Assurance advances in
home insurance |
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| France, 2003 - Natio Assurance sold nearly
60,000 home insurance policies, a jump of 18% versus 2002. |
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EDF chooses Cardif |
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| France, 2003 - Cardif won a tender from
French electricity utility EDF to provide coverage for
payment of electricity bills. The Cardif policy provides
for payment of EDF bills in the event of a customer’s
death, disability, sickness or accident. |
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Sharp rise with Volkswagen |
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| Germany, 2003 - Protection premiums were
up significantly, due largely to development of the partnership
with Volkswagen. |
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SH&C in the starting blocks |
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| South Korea, 2003 - The SH&C Insurance
Company Ltd joint venture between Cardif and Shinhan Financial
Group rolled out several savings products the very same
day that new legislation opening up the bank insurance
market came into effect. |
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Successful cross-selling |
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| Spain, 2003 - BNP Paribas Opportunities,
a single unit-linked product marketed by BNP Paribas Private
Bank jointly with Cardif, proved to be an excellent commercial
move. |
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