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Current

Current

Once the pertinent regulatory authorizations have been obtained, BBVA Allianz Seguros - Allianz and BBVA’s new bancassurance joint venture that was announced in April this year - will begin to operate in Spain. BBVA Seguros has contributed around 1.18 million insurance policies to the new company, representing approximately €300 million in premiums issued by the end of 2019. The new company combines BBVA’s distribution capacity in physical and digital channels with Allianz’s innovative knowledge to develop simple, digital non-life insurance.