AG2R La Mondiale is a French multinational

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

firm headquartered in

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...

that engages in global

financial services Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, ...

, supplementary retirement fund and supplementary

pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...

. With €29 billion in contributions in (2017), AG2R La Mondiale is the biggest provider of supplementary pensions in

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

, 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 The La Transat en Double formally known as the Transat AG2R is a two person transatlantic race which is held biannually in one design Beneteau Figaro boats. The present iteration being the Beneteau Figaro 3. Winners Editions 1992 1994 199 ...

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

, and the La Mondiale Group, which is a French-based international group for supplementary pension and estate planning insurance, created in 1905 and headquartered in

Lille Lille ( , ; nl, Rijsel ; pcd, Lile; vls, Rysel) is a city in the northern part of France, in French Flanders. On the river Deûle, near France's border with Belgium, it is the capital of the Hauts-de-France region, the prefecture of the No ...

References

External links

* * {{DEFAULTSORT:AG2R La Mondiale * Financial services companies established in 1951 Insurance companies of France Companies based in Paris French brands Multinational companies headquartered in France French companies established in 1951