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CNP Assurances: posts net income of E629m

(CercleFinance.com) - The insurer's revenues fell by 32.
3% to 11,492 million euros (-29.2%2 at constant exchange rates), mainly due to the health crisis.
In France, revenues reached 7,185 million euros, down 36.5%.

Net insurance income fell by 10.3% to 1,442 million euros (down 3.1% LFL).

Gross operating income amounted to 1,312 million euros, down 16.2% (-9.5% at constant exchange rates). The group said that this increased at constant exchange rates in Latin America and resisted well in Europe excluding France.

Net income, group share reached 629 million euros, down 8.5% at current exchange rates and down 3.5% at constant exchange rates.


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