CNP Assurances

CNP Assurances S.A.

File:Logo 2013 CNP Assurances .jpg
Type	Société Anonyme
Traded as	Euronext: CNP
Industry	Financial services
Founded	1959
Headquarters	Paris, France
Area served	Europe, South America
Key people	Frédéric Lavenir (CEO), Jean-Paul Faugère (Chairman)
Products	Insurance
Revenue	€3,234 million (2013)
Total equity	€10.2 billion (end 2013)
Number of employees	4,800 (2013)
Website	http://www.cnp.fr/en

CNP Assurances S.A. is a major French insurance corporation. CNP stands for Caisse Nationale de 'Prévoyance. It is listed on the Fortune Global 500. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, which continues to hold approximately 40% of the company.

Worldwide 27 million insureds under personal risk and protection policies & 14 million savings and pensions policyholders.

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.

In group insurance, CNP Assurances crafts tailor-made personal risk, pension and term creditor insurance products that are aligned with the needs of companies, local authorities, mutual insurers, non-profit organizations, and banks in Europe and Latin America.

Commitments

CNP Assurances has pledged to uphold the 10 Principles of the UN Global Compact

CNP Assurances has always upheld human rights and citizens’ rights, in line with the Universal Declaration of Human Rights, and more specifically has always complied with the labour standards of the International Labour Organisation and the national labour laws in each host country. The ten principles of the Global Compact :

Human rights

• Businesses should support and respect the protection of internationally proclaimed human rights;
• make sure they are not complicit in human rights abuses.
• Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
• the elimination of all forms of forced and compulsory labour;
• the effective abolition of child labour; and
• eliminate discrimination in respect of employment and occupation.

Environnement

• Business should support a precautionary approach to environmental challenges;
• undertake initiatives to promote greater environmental responsibility; and
• encourage the development and diffusion of environmentally friendly technologies.

The Caixa Seguros social institute

CNP Assurances 'Brazilian subsidiary, Caixa Seguros, has decided to place its programmes to support disadvantaged children and teenagers under the aegis of an institute. The institute supports three types of programme:

• social programmes, with Jovem de Expressão for example, which aims to combat youth violence in the suburbs of Brasilia,
• environmental programmes, notably with Carbono Seguro which aims to reduce carbon emissions and protect biodiversity,
• cultural programmes, to support Franco-Brazilian projects such as the film “Rouge Brésil”.

The first institute in Brazil to enjoy the backing of an insurance company, the Caixa Seguros Social Institute raises the profile of the subsidiary’s programmes and strengthens its determination to work even harder.

The CNP Assurances corporate foundation

Created in 1993 under the aegis of Fondation de France and the sign of life, the CNP Assurances Foundation's mission from the outset was to support public health. It supports projects that advance healthcare and initiatives that encourage belief in the future.

For a sustainable economy

CNP Assurances fulfils its economic responsibility through its investments.

This is illustrated by the fact that 80% of assets in policyholder portfolios are managed by applying environmental, social and governance (ESG) screens. Other methods of fulfilling our economic responsibility include promoting the adoption of responsible practices by suppliers and reducing our use of energy and other resources.

External links

• Official website