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CNP Assurances

 
Hoover's Profile: CNP Assurances SA
(Euronext Paris:CNP)
Contact Information
CNP Assurances SA
4 place Raoul Dautry
75716 Paris Cedex 15, France
Tel. +33-1-42-18-88-88
Fax +33-1-42-18-86-55

Type: Public
On the web: http://www.cnp.fr
Employees: 4,400
Employee growth: 34.9%

Running to the post office and the bank? Buy some insurance while you're out. CNP Assurances is France's top personal life insurer. In addition to life insurance and other savings products, it sells health, death and disability, and other personal risk coverage and pensions. CNP sells its products primarily through about 20,000 outlets of La Poste, the French postal service, and La Caisse Nationale des Caisses d'Epargne, the state savings banks; together these two channels account for about 75% of CNP's sales. These partners are also shareholders in the company, together owning about 35%. Another French paragovernmental organization, Caisse des Dépôts et Consignations, owns more than 39%.

Key numbers for fiscal year ending December, 2008:
Sales: $37,057.2M
One year growth: (41.7%)
Net income: $1,147.9M
Income growth: (43.4%)

Officers:
Chairman: Edmond Alphandéry
CEO: Gilles Benoist
Director International Operations and Deputy CEO: Xavier Larnaudie-Eiffel

Competitors:
Assurances Générales de France
AXA
Groupama

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Wikipedia: CNP Assurances
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CNP Assurances S.A.
Type Public (Euronext: CNP)
Founded 1959
Headquarters Paris, France
Key people Gilles Benoist (CEO), Edmond Alphandéry (Chairman of the board)
Industry Financial services
Products Insurance
Revenue €26.29 billion (2008)[1]
Operating income €1.082 billion (2008)[1]
Profit €730.6 million (2008)[1]
Total assets €269.6 billion (2008)[1]
Employees 4,420 (2008)[1]
Website www.cnp.fr

CNP Assurances (Euronext: CNP) is a major French insurance corporation. CNP stands for Caisse Nationale de Prévoyance. It is listed on the Fortune Global 500. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, which continues to hold approximately 40% of the company.

References

  1. ^ a b c d e "Annual Report 2008". CNP Assurances. http://www.cnp-finances.fr/eng/documents/pdf/RapportFinancier2008_VA.pdf. Retrieved 2009-09-06. 

External links


 
 

 

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