CNP Assurances – Press Release
First-Half 2012 Revenue and Results
Net profit: €540m (down 0.5%)
Revenue: €13.3bn (down 13.1%)
High solvency capital (1.83x required capital including unrealised
capital gains, 1.13x based on Tier 1 capital)
CNP Assurances : Press releases - 2012
CNP also continues with its GIIPS de-risking policy: exposures -17% over H1, French business’
GIIPS portfolio at €15bn from €19bn at year end and vs the group’s €10bn target.
CNP no longer has any Greek exposure.