Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

CNP Assurances : Improvement in the product mix and an increase in the Q1 solvency margin

>Robust growth in premium income abroad - Yesterday morning, CNP Assurances reported its Q1 2022 results. Premium income was € 9,838m, up 25.3% on a reported basis and 5.5% l-f-l (note that reported growth benefited from the acquisition of Aviva’s former life-insurance activities in Italy). In France, premium income was € 5,162m, down 0.3% with an improvement in the product mix (increase in inflows on unit-linked contracts of 17.1% vs a decline of 5.7% on inflows on e...
Underlying
CNP Assurances SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch