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Article: CNP Assurances Announces Consolidated Premium Income of Eur 18,360 Million for Full Year 2002, up 6.2%, and Approximately 6% Growth in Assets under Management.
- Article from:
- Business Wire
- Article date:
- February 6, 2003
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Business Editors
PARIS--(BUSINESS WIRE)--Feb. 6, 2003
CNP Assurances (REUTERS:CNPP.PA)(BLOOMBERG:CNPA)(SICOVAM:12022)
-- CNP Assurances premium income for the fourth quarter of 2002 totalled EUR 4,450.2 million, down very slightly by 1.2% compared with EUR 4,503.5 million for the same period of 2001 and up 0.1% excluding currency effects.
-- Total premium income for 2002 came to EUR 18,360.5 million, an increase of 6.2% on the previous year (including a 5.3% like-for-like increase). CNP Assurances significantly outperformed the French savings market, which edged up 2%.
-- Caixa Seguros, the Brazilian subsidiary acquired at the beginning of the ...