CNP Assurances S.A. is a major French

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 protect ...

corporation A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as ...

. CNP stands for ''Caisse Nationale de Prévoyance''. It is listed on the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed o ...

. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, which held approximately 40% of the company.

Agence des participations de l'État ''Agence des participations de l'État'' (, APE, ), created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strategic importance. As of 2022, APE has ...

also owned 1.1% for the French State. Since 2022, it has been wholly owned by La Banque Postale. Worldwide there are 27 million insured under personal risk and protection policies and 14 million savings and pensions policyholders by the company. In France, CNP Assurances distributes its individual insurance products through La Banque Postale and the Caisses d’Epargne, as well as through its own CNP Trésor network. In Brazil, its second-largest market, the group's partner is Caixa Econômica Federal, the country's second-biggest state-owned bank.

References

External links

* {{Authority control, state=expanded Insurance companies of France Government-owned companies of France Financial services companies established in 1959 French companies established in 1959 Companies listed on Euronext Paris Companies based in Paris