CNP Assurances : Decline in the solvency market, but at a persistently high level
>A decline in activity anticipated for Q1 - CNP Assurances is due to publish its Q1 2020 results on Friday 15 May before market. We forecast a significant 11.7% decline in premiums to € 7.55bn, below the consensus forecast for € 8.23bn. This anticipated decline partly reflects the impact of the crisis, which will naturally affect sales at the networks of the group’s banking partners, even though this effect should be eased by the booking delays on premiums. But the an...CNP Assurances is an insurance company. Co. designs, develops, distributes and manages savings, pension & personal risk, and term creditor products. Co. offers savings products and insurance against the risks of everyday life to its customers. Co.'s operations are organized along three business segments. The Savings business concerns products enabling policyholders to build up capital which they can cash in. The Pensions business concerns products designed to enable policyholders to receive an annuity or lump sum on retirement. The Personal Risk business includes products enabling policyholders to insure against the risks of death, accident or illness, property damage or liability claims.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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