AG2R La Mondiale
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AG2R La Mondiale
AG2R La Mondiale is a French multinational insurance firm headquartered in Paris that engages in global insurance, financial services, supplementary retirement fund and supplementary pension. With €29 billion in contributions in (2017), AG2R La Mondiale is the biggest provider of supplementary pensions in France, managing one quarter of employees in the private sector, and the second biggest health insurer (excluding banking groups). The firm has 15 million individual customers and more than 500,000 business customers. AG2R La Mondiale owns the AG2R La Mondiale cycling team and sponsors the Transat AG2R sailing race. History The company is a fusion of two entities. Those are the AG2R Group, a French-based interprofessional insurance and supplementary retirement fund group, created in 1951 and headquartered in Paris, and the La Mondiale Group, which is a French-based international group for supplementary pension and estate planning insurance, created in 1905 and headquartered ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism ...
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