Paris, 30 July 2015
First-half 2015 attributable net profit up 2.4% to €615 million
CNP Assurances, the leading personal insurer in France, with operations in the rest of Europe and in Latin America, has announced its first-half 2015 revenue and results. These indicators were approved for publication by the Board of Directors at its meeting on 29 July 2015.
HIGHLIGHTS
- A first-half performance affected by changes in Group structure in Europe excluding France region (divestment of CNP BVP and first-time consolidation of CNP Santander Insurance)
- Total revenue up 4.3% to €1,666 million, despite the negative impact of lower interest rates
- EBIT up 3.9% to €1,235 million
- IFRS premium income up 2.9% to €16.2 billion
- MCEV©: €26.0 per share, up 1.7% vs. 2014 MCEV® after dividend
- Economic coverage ratio (Solvency II) of 170%
Frédéric Lavenir, CNP Assurances's Chief Executive Officer, said:
« During these first six months, we continued to enjoy strong business and earnings momentum. »