Investor Presentation - CNP Assurances Corporate Bond Portfolio and SCR Coverage Ratio
Key financial indicators
Robust results
2022
€36bn
Recognised strength
230%
€500m
Premium income
up 13.7% vs FY 2021
down 3.6% Lfl¹ vs FY 2021
EBIT
up 15.4% vs FY 2021
up 6.6% Lfl vs FY 2021
Attributable net profit
up 25.0% vs FY 2021
up 18.5% Lfl vs FY 2021
2021
€31.7bn
2021
€3,095m
2021
€1,552m
2022
€3,570m
2022
€1,939m
Consolidated SCR ratio Tier 3 subordinated
up 13 pts
€14.1bn
policyholders'
surplus reserve
€0.6bn utilised in 2022
+66 bps
growth in average
policyholder yield
to 1.57%
notes issue
January 2022
A1/A+/A+
Moody's/Fitch / S&P
Stable Negative
Stable
Successful integration of CVA² in Italy
€4.4bn
contribution to
premium income
Up 78%
premium income
Europe excl. France
CNP
1 Like-for-like change based on a comparable scope of consolidation and at constant exchange rates 2. including CNP Vita Assicura and CNP Vita Assicurazione
assurances
Investor Presentation
March 23 14View entire presentation