Our financial performance 2019 2/2 Promising diversification

Diversification paying off

The strength of CNP Assurances’ position derives from its diverse geographical base and product mix combined with tight cost control.

BREAKDOWN OF EBIT BY SEGMENT

Savings 61%

Pensions 19%

Personal risk/protection(1) 20% 

(1)    Personal risk, health, term creditor and property and casualty insurance.

BY GEOGRAPHICAL AREA

France 63%

Latin America 32%
Europe 5%

 

STEADY REDUCTION IN THE COST/INCOME RATIO IN FRANCE(1)

  • 2014    44.2%
  • 2016    39.3%
  • 2018    33.9%
  • 2019    33.7%

(1) This indicator measures operational efficiency based on administrative expenses. It is calculated by dividing administrative expenses by net insurance revenue. A lower ratio indicates an improvement in operational efficiency.

CONSOLIDATED SCR RATIO (SOLVENCY II)
227%

This ratio reflects the strength of the Group’s balance sheet.

 

FINANCIAL STRENGTH CONFIRMED BY THE RATING AGENCIES

  • A,stable outlook
  • Standard & Poor’s (December 2019)

 

  • A1, stable outlook
  • Moody’s (November 2019)