CNP Assurances : The group limits the decline in its solvency margin in Q3
>Strong premium growth in Brazil in Q3 - CNP Assurances on Friday morning reported its 9M 2019 net profit. Premiums were € 25.9bn, up 5.4% on a reported basis and 5.7% l-f-l, beating forecasts (€ 25.3bn) thanks to very strong growth in Brazil in Q3 2019 (organic growth in Brazil was 25.3% in 9M 2019, i.e. around 45% in Q3 alone). In France, premiums were up 3.8% for 9M 2019, with a 6.4% increase in life insurance premiums via La Banque Postale network vs an 11.5% decl...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.