CNP Assurances: 9m earnings up 3.4%

(CercleFinance.com) - CNP Assurances has published 9m net income, group share that is up 3.
4% at 987 million euros, with EBITDA that is up 5.1% at 2,279 million euros.

The insurance company has reported 5.4% growth in revenues at 25.9 billion euros (+5.7% LFL), particularly boosted by 23.1% growth in Latin America.

Antoine Lissowski, CNP Assurances' Chief Executive Officer, said, "CNP Assurances' results and financial position confirm that the change in the business model in France and Europe is paying off by reducing the Group's sensitivity to falling interest rates."


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