Paris, 13 May 2009
First-Quarter 2009 Business Review
Premium income for first-quarter 2009 up 18.8% to €9.6 billion
Significant growth in main operating regions
Net new money in France strongly positive at €3.4 billion
(Paris – 13 May 2009) – CNP Assurances, the leading personal insurer in France, with operations in the rest of Europe and in South America, has announced its premium income figures for the first quarter of 2009.
Highlights
- Premium income for first-quarter 2009 up 18.8% to €9,659 million, confirming the positive trend observed in the fourth quarter of 2008.
- Strong 19.3% growth in France in a market up 3.0%, led by La Banque Postale and the Savings Banks.
- Robust international growth with a recovery in Italy (CNP Vita new money up 17.3%).
- Net new money in France strongly positive at €3,433 million.
- Further growth in technical reserves, up by around 4% at 31 March 2009.