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Article: CNP Assurances and UniCredit: A Partnership Reinforced.
- Article from:
- PR Newswire
- Article date:
- November 28, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS, November 28 /PRNewswire-FirstCall/ -- Going beyond their strict contractual obligations, CNP Assurances and UniCredit have decided upon a significant commercial initiative to assist those clients who invested in Index Linked contracts based on Lehman Brothers bonds.
The Board of Directors of CNP UniCredit Vita, whose reference shareholders are CNP Assurances and UniCredit, have approved a plan to protect the value of investments made by clients in Index Linked contracts linked to Lehman Brothers bonds for an amount of approximately 400 Million Euros.
The purpose of this initiative is to protect policyholders. The value thus placed on the ...