BNP Paribas Cardif Life Insurance is the life insurance subsidiary of BNP Paribas Cardif in Korea, the insurance arm of BNP Paribas.
Established as a joint venture between BNP Paribas Cardif and Shinhan Financial Group in October 2002, it was disaffiliated from Shinhan Financial Group in June 2009. Currently, BNP Paribas Cardif owns about 85% of the company and Shinhan Bank owns about 15%.
After surpassing break-even point in three years since its establishment through a unique business model anchored in partnerships and effective business management, the company has offered innovative, customer and partner-oriented insurance products and services via 12 bancassurance partners.
The total asset of the company stands at KRW 4.099 trillion as of December 2017. More detail information on the company can be checked through the corporate website of BNP Paribas Cardif Life Insurance (www.cardif.co.kr).
World leader for creditor insurance , BNP Paribas Cardif plays an essential role in the lives of insured customers, providing them with savings and protection solutions that let them realize their goals while protecting themselves from unforeseen events.
In a world shaped by the emergence of new uses and lifestyles, the company, a subsidiary of BNP Paribas, has a unique business model anchored in partnerships. It co-creates solutions with almost 500 partners distributors in a variety of sectors (banks and financial institutions, automotive companies, retailers, telecommunications companies, energy companies, Independent Financial Advisors and brokers…) who then market the products to their customers.
BNP Paribas Cardif is a recognized global specialist in personal insurance, serving 100 million clients in 35 countries with strong positions in three regions - Europe, Asia and Latin America. BNP Paribas Cardif also plays a major role in providing financing for the economy. With over 10,000 employees worldwide, BNP Paribas Cardif had gross written premiums of €29.7 billion in 2017, 57% of which was generated outside France.
 Source: Finaccord - 2017
 Headcount of legal entities managed by BNP Paribas Cardif: nearly 8,000 employees
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 190,000 employees, including more than 146,000 in Europe.
The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending.
BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States.
In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.