CNP Assurances increases the return on its traditional life insurance contracts by 93 cents, with rates of up to 4% depending on the unit-linked weighting.
To better support policyholders in the current inflationary environment, CNP Assurances is increasing the return on all of its traditional savings and pensions contracts by an average of 93 cents.
The increase reflects:
- the return on CNP Assurances’ general account, attesting to the quality of its investment management and the success of the portfolio diversification strategy;
- the use of part of the policyholders’ surplus reserve.
The average return on the entire product range is 2.52%.
In 2023, CNP Assurances awarded savers the following enhanced returns:
- up to 1.50% enhancement of the participation rate on savings invested in traditional funds, for certain categories of contracts. This annual enhancement rewards policyholders according to the proportion of their savings invested in unit-linked funds,
- up to 1.75% enhancement of the return on certain flexible premium payments. This enhancement is offered in connection with dedicated marketing campaigns.
The enhancements are cumulative and will also apply in 2024. This year’s first campaign, offering an enhanced return of up to 2% on flexible premiums, is already in progress for certain products.
Marie-Aude Thépaut, Chief Executive Officer of CNP Assurances:
“CNP Assurances is helping policyholders to increase their savings and continuing to protect their purchasing power as a responsible and committed insurer guided by its corporate mission.
Thanks to the quality of our investment management and our disciplined use of the policyholders’ surplus reserve, we are able to offer our policyholders an increased return on their savings invested in traditional funds for 2023.
At the same time, we are convinced that unit-linked funds perform well over the long term, and will continue to offer enhanced returns on these funds in 2024.”