CNP Assurances explained

CNP Assurances S.A.
Traded As:
CAC Mid 60 Component
Location:Paris, France
Area Served:Europe, South America
Key People:Frédéric Lavenir (CEO), Jean-Paul Faugère (Chairman)
Products:Insurance
Industry:Financial services
Revenue:$47.6 billion (2019)
Equity:€10.2 billion (end 2013)[1]
Owner:La Banque postale (100%)
Num Employees:4,800 (2013)

CNP Assurances S.A. is a major French insurance corporation. CNP stands for Caisse Nationale de Prévoyance. It is listed on the Fortune Global 500. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, which held approximately 40% of the company. Agence des participations de l'État also owned 1.1% for the French State.[2] Since 2022, it has been wholly owned by La Banque Postale.[3]

Worldwide there are 27 million insured under personal risk and protection policies and 14 million savings and pensions policyholders by the company.

In France, CNP Assurances distributes its individual insurance products through La Banque Postale and the Caisses d’Epargne, as well as through its own CNP Trésor network. In Brazil, its second-largest market, the group's partner is Caixa Econômica Federal, the country's second-biggest state-owned bank.

Notes and References

  1. Web site: Annual Report 2013 . 24 June 2014 . CNP Assurances . https://web.archive.org/web/20140716064004/http://www.cnp.fr/en/The-Group/Publications . 16 July 2014 . dead .
  2. Web site: Les participations publiques . 30 April 2015. 21 February 2016. Agence des participations de l'État. fr.
  3. Web site: Shareholder. May 2, 2024. Agence des participations de l'État.