Paris, le 31 July 2009

First-half premium income: €17.6 billion
First-half net profit: €502 million
Embedded value per share: €70.90

(Paris – 31 July 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 and results for the first six months of 2009.

Highlights

  • Premium income rose by 24.8% to €17.6 billion, with gains of 18.0% in France and 73.0% in the rest of the world.
  • Net profit declined by 12.5% to €502 million
  • Market consistent embedded value* (MCEV) was stable at €70.9 per share at 30 June 2009.
  • The solvency capital requirement under Solvency I* was covered 1.14 times by equity alone and 1.37 times including unrealised gains

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