CNP Assurances - Investor Presentation
|A LEADING POSITION
IN FRANCE AND BRAZIL
LATIN AMERICA
Acquisition of Caixa Seguradora in
July 2001
■ Exclusive distribution agreement
with the public bank Caixa Econômica
Federal (CEF)
3rd insurer in Brazil, 11.4 % market
share(2)
■ Self-funded subsidiary with good
cash generation (€178m of upstream
dividends in 2019 after €180m in
2018(3))
(1) In terms of insurance premium income. Source: FFA
(2)
In terms of insurance premium income. Source: SUSEP
CNP Assurances - Investor Presentation - March 2020
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"I
FRANCE
Market leader in France life,
11.8% market share(1)
Significant market share of the
term creditor insurance market
(death & disability of the borrowers)
Stable earnings and cash-flows
EUROPE EXCLUDING FRANCE
Strong growth in term creditor insurance
with CNP Santander in 12 European countries
(Germany, Poland, Nordic countries, etc.)
Footprint in Italy with CNP UniCredit Vita,
Spain with CNP Partners and Luxemburg with
CNP Luxembourg
(3) Dividends from Brazilian entities have been transfered to a local subsidiary (CNP Participações fully owned by CNP Assurances) since 2016 representing a cumulated
amount of BRL3.1bn
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