CNP Assurances : Solvency margin expected to show a marked increase at end-2019
>Modest increase in premiums - CNP Assurances is due to report its 2019 results on Thursday 20 February before trading. We expect the group to have booked premiums of € 33.9bn in 2019, up 4.9% on 2018, with more limited growth of 2.3% in Q4 2019. We expect premium growth of 3.4% in France in 2019, driven by an increase in sales through La Poste (+5.4%e), while those achieved through the Caisses d’Epargne network are forecast to show a decline (-10.2%e). Premium growth...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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