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Article: CNP Assurances and UniCredit: a Partnership Reinforced.
- Article from:
- Science Letter
- Article date:
- December 9, 2008
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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 (see also CNP Assurances).
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 ...