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CNP Assurances SA (CNPP.PA)

CNPP.PA on Paris Stock Exchange

8.07EUR
3 Apr 2020
Change (% chg)

€-0.85 (-9.53%)
Prev Close
€8.92
Open
€8.88
Day's High
€8.95
Day's Low
€8.02
Volume
1,042,821
Avg. Vol
740,821
52-wk High
€21.72
52-wk Low
€5.30

Latest Key Developments (Source: Significant Developments)

French insurer Groupama posts rise in 2019 premium income figures
Friday, 13 Mar 2020 

March 13 (Reuters) - Groupama Assurances Mutuelles [RIC:RIC:GRPMHA.UL]::PREMIUM INCOME OF EUR 14.4 BILLION, UP +1.7%.SOLVENCY 2 RATIO OF 178%, UP 11 POINTS.INCREASE IN PREMIUM INCOME FROM PROPERTY AND CASUALTY INSURANCE (+1.1%) AND FROM LIFE AND HEALTH INSURANCE (+2.4%).Net income of €345 million.Higher economic operating income at €413 million.  Full Article

France's CNP Assurances tweaks its deal with Brazil's Caixa
Friday, 20 Sep 2019 

Sept 20 (Reuters) - CNP Assurances ::AMENDMENT TO THE 29 AUGUST 2018 FRAMEWORK AGREEMENT BETWEEN CNP ASSURANCES AND CAIXA SEGURIDADE. nL2N1VK1JA, nL2N26A1OQ.WILL BENEFIT FROM A 5-YEAR EXTENSION OF THE EXCLUSIVE DISTRIBUTION AGREEMENT WITH CAIXA SEGURIDADE, WHICH WILL NOW RUN UNTIL 13 FEBRUARY 2046 (VERSUS THE ORIGINAL EXPIRY DATE OF 13 FEBRUARY 2041)..WILL RETAIN HIGHER ECONOMIC RIGHTS (51.75% VERSUS 40%) IN THE BUSINESS LINES INCLUDED IN THE 29 AUGUST 2018 AGREEMENT UNTIL DECEMBER 2020 (PRIVATE PENSION PLANS, LIFE INSURANCE AND CONSUMER CREDIT LIFE INSURANCE)..WILL PAY, AT A DATE NOW SET TO DECEMBER 2020, AN AMOUNT THAT HAS BEEN INCREASED FROM R$4.65 BILLION TO R$7.0 BILLION..CONFIRMS THAT THE EXPECTED INTERNAL RATE OF RETURN OF THE INVESTMENT IN RELATION TO THIS NEW AGREEMENT REMAINS OVER 15%, WHICH WILL CONTRIBUTE TO LONG-TERM VALUE CREATION WITHIN THE CNP ASSURANCES GROUP..TRANSACTION IS EXPECTED TO CLOSE AT THE END OF DECEMBER 2020..  Full Article

CNP Assurances H1 Net Result Group Share Up At 687 Million Euros
Monday, 29 Jul 2019 

July 29 (Reuters) - CNP ASSURANCES SA ::H1 NET RESULT GROUP SHARE EUR 687 MILLION VERSUS EUR 672 MILLION YEAR AGO.H1 GROSS OPERATING INCOME EUR 1.57 BILLION VERSUS EUR 1.50 BILLION YEAR AGO.H1 TOTAL REVENUES EUR 2.01 BILLION VERSUS EUR 1.94 BILLION YEAR AGO.  Full Article

CNP Assurances-Banque Postale deal to be operational in Jan. 2020
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Finance Minister Bruno Le Maire tells a news conference that ::The CNP Assurances-Banque Postale deal will be operational in January 2020.  Full Article

CNP Assurances Increases Its Ownership In CNP Cyprus Insurance Holdings To 100%
Tuesday, 4 Jun 2019 

June 4 (Reuters) - CNP ASSURANCES SA ::CNP ASSURANCES INCREASES ITS OWNERSHIP IN ITS SUBSIDIARY CNP CYPRUS INSURANCE HOLDINGS TO 100%.CLOSING OF THE TRANSACTION IS EXPECTED IN THE SECOND HALF OF 2019.ACQUISITION CONSIDERATION AMOUNTS TO €97.5M AND WILL BE FINANCED BY CNP ASSURANCES USING ITS OWN RESOURCES..  Full Article

CNP Assurances Q1 Net Profit Grows To 326 Million Euros
Thursday, 16 May 2019 

May 16 (Reuters) - CNP ASSURANCES SA ::Q1 NET PROFIT OF €326 MILLION, UP 4.2%.APE MARGIN STOOD AT 19.4%, REFLECTING THE IMPACT OF LOWER INTEREST RATES IN EUROPE.SOLID PERFORMANCE RESULTED FROM THE OPERATIONAL IMPLEMENTATION OF OUR THREE-PRONGED STRATEGY FOCUSED ON IMPROVING SERVICE QUALITY, DEVELOPING OUR PARTNERSHIPS AND DELIVERING SHAREHOLDER VALUE.Q1 EBIT EUR 640 MILLION VERSUS EUR 625 MILLION YEAR AGO.Q1 TOTAL REVENUE EUR 863 MILLION VERSUS EUR 848 MILLION YEAR AGO.  Full Article

CNP Assurances Group SCR Was 13.4 Billion Euros At 31 Dec. 2018
Friday, 19 Apr 2019 

April 19 (Reuters) - CNP ASSURANCES SA ::GROUP SCR COVERAGE RATIO STOOD AT 187% AT 31 DECEMBER 2018.GROUP SCR AMOUNTED TO €13.4 BILLION AT 31 DECEMBER 2018, OF WHICH 51% FOR MARKET RISKS AND 35% FOR UNDERWRITING RISKS.AT 31 DECEMBER 2018, THE GROUP HAD €25.1 BILLION OF ELIGIBLE OWN FUNDS FOR SCR CALCULATIONS, OF WHICH 81% CONSISTS OF TIER 1 CAPITAL.THE GROUP AND ALL OF ITS SUBSIDIARIES ENJOY A COMFORTABLE SOLVENCY POSITION.SOLO SCR COVERAGE RATIO WAS 201% AT 31 DECEMBER 2018.  Full Article

French insurer CNP reports higher annual profits and raises dividend
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - CNP Assurances SA ::Attributable net profit up 6.4% at €1,367 million Dividend up 6.0% at €0.89 per share.EBIT of €2,924 million, up 1.2% (up 7.2% like-for-like).Attributable net profit of €1,367 million, up 6.4% (up 8.6% like-for-like)."During 2018, we successfully implemented our strategy to refocus the product mix and bedded in the Group’s digital transformation. The three pillars of our strategy concern customer service quality, development of our partnerships and investor returns," said CNP CEO Antoine Lissowski.  Full Article

CNP Assurances issues 500 Million Euros Tier 2 Subordinated Notes
Friday, 1 Feb 2019 

Feb 1 (Reuters) - CNP ASSURANCES SA ::CNP ASSURANCES ANNOUNCES SUCCESSFUL ISSUE OF EUR 500 MILLION TIER 2 SUBORDINATED NOTES WITH 10 YEARS MATURITY AND 2.75% FIXED RATE.THE SETTLEMENT OF THE NOTES, WHICH WILL BE ADMITTED TO TRADING ON EURONEXT PARIS, WILL TAKE PLACE ON 5 FEBRUARY 2019..THE NOTES ARE RATED BBB+ BY STANDARD & POOR’S AND A3 BY MOODY’S.  Full Article

CNP Assurances Announces A 7 Billion Euro Medium Term Notes Programme
Wednesday, 26 Dec 2018 

Dec 26 (Reuters) - CNP Assurances SA ::ANNOUNCES THE ESTABLISHMENT OF A 7 BILLION EURO MEDIUM TERM NOTES PROGRAMME.PROGRAMME WILL STRENGTHEN CNP ASSURANCES'S FINANCIAL FLEXIBILITY ALLOWING IT TO SEIZE BOND MARKET OPPORTUNITIES.PROGRAMME IS FULLY IN LINE WITH CNP’S FINANCING STRATEGY AIMING AT CONSTANTLY SEEKING TO DIVERSIFY ITS INVESTOR BASE.7 BILLION EURO PROGRAMME IS CONSISTENT WITH THE CURRENT NOMINAL OF CNP’S OUTSTANDING SUBORDINATED NOTES.SAYS THE SECURITIES TO BE ISSUED SHALL BE ADMITTED TO TRADING ON EURONEXT PARIS.  Full Article

BRIEF-CNP Assurances Partners With French Red Cross

* FRENCH RED CROSS AND CNP ASSURANCES ENSURE ONGOING CARE WITH AN H4D CONNECTED MEDICAL SERVICE