Our financial performance 2019 1/2 Robust results
CNP Assurances’ 2019 results show the strength of our business model, which flows from our diverse businesses and our relationships with our partners around the world. We are actively involved in efforts to establish a major public-sector financial grouping by maintaining substantial financial clout and resolutely combating global warming.
Robust results
GROUP PREMIUM INCOME (in € billions)
- 2017 32.1
- 2018 32.4
- 2019 33.5
EARNINGS BEFORE INTEREST AND TAXES (EBIT)
- €3,041 million up 4%
Increase of 3.5% premium income powered by:
+ 5.6% rise in term creditor insurance
growth in premium income across all regions recorded by our main partners
42.3% unit-linked products in savings & pensions
share of Group savings & pension premium income generated by unit-linked solutions
GROSS OPERATING SURPLUS (GOS)
- €3 041 million up 4 %
ATTRIBUTABLE NET PROFIT
- €1,412 million up 3.3%
NET AVERAGE TECHNICAL RESERVES IN 2019
- €321 billion up 2.4%
DIVIDEND
On the recommendation of CNP Assurances’ Board of Directors, the Annual General Meeting of 17 April 2020 approved appropriation of the full amount of 2019 earnings to retained earnings rather than paying out a dividend of €0.94 per share (up 5.6%, vs. 2018) as initially proposed. The Board of Directors will consider the possibility and arrangements for paying out a dividend over the next few months.