BBVA in 2012

Insurance business

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In 2012, the insurance business experienced positive commercial growth, with a total of €1,014m premiums issued. This figure was boosted by the extraordinary earnings from the ILP (Free Equity Investment), as well as a strong performance of the “VidaSegura”, “HogarSeguro” and “TransacciónSegura” products.

The low claims rate in the car insurance segment is the reflection of the excellent results obtained in the recovery of units and sale of auto salvages.