Investor Presentation - CNP Assurances Corporate Bond Portfolio and SCR Coverage Ratio
Corporate bond portfolio (excluding unit-linked portfolios)
Corporate bond portfolio¹ by sector
(%)
Corporate bond portfolio¹ by rating²
(%)
Technology, electronics 2%
Media 2%
Services
Chemicals, pharmaceuticals
AAA 0%
12%
AA
11%
9%
Basic industry
3%
Cyclical consumer goods
8%
Energy
10%
Basic consumer goods
9%
Transport
7%
Industrial
Telecommunications
Utilities
Unaudited management reporting data at 31 December 2022
12%
12%
A
BBB
High Yield 3%
14%
Not Rated 1%
42%
43%
CNP
1. CNP Assurances and its subsidiaries, excluding Argentina and Arial. Subsidiaries acquired from Aviva added in H2 2022 on 100% basis and CNP Partners removed
2. Second-best rating: method consisting of using the second-best rating awarded to an issue by the three leading agencies, S&P, Moody's and Fitch
Investor Presentation
assurances
March 23 | 86View entire presentation