CNP Assurances

CNP Assurances S.A. is a multinational French insurance company based in Paris, France. Its name, CNP, stands for Caisse Nationale de Prévoyance. It is the leader in creditor insurance and the second-largest in life insurance in France, as well as one of the largest insurers in Europe and Brazil. A regular on the Fortune Global 500 list, the company's global operations covered 36 million policyholders in personal risk and protection and 13 million in savings and pensions at the end of 2024. In France, CNP Assurances distributes its products through La Banque Postale and the Caisses d'Epargne, as well as its own CNP Trésor network. In Brazil, its second-largest market, the group's partner is Caixa Econômica Federal. The company originated in 1959 within the framework of the French public financial institution, Caisse des Dépôts et Consignations (CDC). Following a 1992 privatization law, it operated for many years as a publicly listed company with a consortium of public-sector shareholders, including CDC, La Banque Postale, and Groupe BPCE. In 2022, La Banque Postale finalized a takeover bid, acquiring 100% of the company's shares. As a result, CNP Assurances was delisted from the Euronext Paris stock exchange and now operates as a wholly-owned subsidiary of La Banque Postale.