CNP Assurances
French insurance company
CNP Assurances
| Type | Public company |
|---|---|
| Traded as | Euronext: CNP |
| Key people | Antoine Lissowski (CEO) |
| Industry | Insurance |
| Products | Life insurance, Health insurance, Pension fund |
| Revenue | €33.5 billion (2020) |
| Net income | €1.35 billion (2020) |
| Assets | €436 billion (2020) |
| Employees | 5,000 (2020) |
CNP Assurances is a major French insurance corporation, primarily focused on life insurance, health insurance, and pension funds. Established in 1959, the company has grown to become one of the leading insurance providers in France and operates in several other countries.
History
CNP Assurances was founded in 1959 as a public sector company. Over the years, it has expanded its operations and product offerings, becoming a key player in the French insurance market. In 1992, CNP Assurances was partially privatized, and it was listed on the Euronext Paris stock exchange in 1998.
Operations
CNP Assurances operates primarily in the fields of life insurance, health insurance, and pension funds. The company offers a wide range of products and services designed to meet the needs of individuals, businesses, and public sector entities.
Life Insurance
CNP Assurances provides various life insurance products, including term life insurance, whole life insurance, and universal life insurance. These products are designed to offer financial protection and savings solutions to policyholders.
Health Insurance
The company offers health insurance plans that cover medical expenses, hospitalization, and other health-related costs. These plans are tailored to meet the needs of individuals and families, providing comprehensive coverage and access to a network of healthcare providers.
Pension Funds
CNP Assurances manages pension funds for individuals and businesses, offering retirement savings plans that help policyholders prepare for their future financial needs. These plans include defined benefit and defined contribution schemes, providing a range of options for retirement planning.
International Presence
CNP Assurances has a significant international presence, with operations in several countries, including Brazil, Italy, and Spain. The company has established partnerships with local insurance providers and financial institutions to offer its products and services to a broader customer base.
Corporate Structure
CNP Assurances is a subsidiary of La Banque Postale, a major French bank. The company's corporate structure includes various subsidiaries and joint ventures that help it expand its reach and diversify its product offerings.
Key People
The current CEO of CNP Assurances is Antoine Lissowski, who has been with the company since 2007. Under his leadership, the company has continued to grow and innovate, maintaining its position as a leading insurance provider in France and beyond.
See Also
References
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Contributors: Prab R. Tumpati, MD
