CNP Assurances Reports 2024 Annual Results

CNP Assurances has announced its financial results for 2024, showcasing an increase in net profit to €1,582 million and a 6% rise in premium income to €37.4 billion. The Savings and Pensions sector has driven growth across all regions. Despite an improvement in net new money flows, the SCR coverage ratio has decreased to 237% due to market fluctuations, primarily in sovereign spreads.

On the non-financial front, CNP Assurances has maintained its AAA MSCI ESG rating. Investments in green projects reached €29.4 billion. The company continues to demonstrate strong ESG commitments, including a notable reduction of 58% in the carbon footprint of its investment portfolio over five years.

CNP Assurances is expanding its reach through new partnerships and has introduced products targeting vulnerable groups, with a focus on social protection alongside La Mutuelle Générale. It remains committed to responsible insurance and investment practices as part of its overarching strategy.