CNP ASSURANCES Paris, 28 October 2021
Board of Directors meeting held on 28 October 2021
The Board of Directors of CNP Assurances met this morning to discuss the planned operation by La Banque Postale and the BPCE group.
The Board of Directors of CNP Assurances decided to form an ad-hoc committee responsible for monitoring the progress of the resulting public offering. It will be composed of the independent directors Véronique Weill, Rose-Marie Van Lerberghe, Stéphane Pallez and Marcia Campbell and of the two directors representing employees, Laurence Guitard and Chahan Kazandjian.
The board also reaffirmed the company's development strategy based on a comprehensive, multi-partner and international insurer model for all its partners and clients. The board restated its confidence in the management team in place to implement this strategy, supported by the commitment of CNP Assurances employees.
About CNP Assurances
A leading player in the French personal insurance market, CNP Assurances operates in 19 countries in Europe, notably in Italy, and in Latin America, where it is very active in Brazil, its second largest market. As an insurance, coinsurance, and reinsurance provider, CNP Assurances designs innovative personal risk/protection and savings/retirement solutions. The company has more than 36 million insured parties in personal risk/protection insurance worldwide and more than 12 million in savings/retirement. In accordance with its business model, its solutions are distributed by multiple partners and adapt to their physical or digital distribution method, as well as to the needs of customers in each country in terms of their protection and convenience.
CNP Assurances has been listed on the Paris Stock Exchange since October 1998 and is a subsidiary of La Banque Postale. The Company reported net profit of €1,350 million in 2020.
Florence de Montmarin | +33 (0) 1 42 18 86 51 |
Tamara Bernard | +33 (0) 1 42 18 86 19 |
servicepresse@cnp.fr
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CNP Assurances SA published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 09:30:28 UTC.
