CNP Assurances : Very strong impact on commercial activity in Q2
>Sales expected to fall sharply in H1 - CNP Assurances is due to publish its H1 2020 results on Monday 3 August before market. We forecast a 46.3% fall in premium income to € 9.44bn in H1 2020 (equivalent to a -71.4% decline in Q2 alone) vs € 11.13bn for the consensus. The anticipated marked decline in sales resulting from the effects of the health crisis will naturally affect sales at the group’s network of banking partners over the period of lockdown. As such, we fo...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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