CNP Assurances: Brazil agreement expected beginning of 2018
(CercleFinance.com) - On Friday evening, CNP Assurances announced that it expected to enter into a new agreement with Caixa Seguridade - subject to the successful outcome of discussions - at the beginning of 2018.
The current agreements remain in force.
The French insurance group announced on 29 September the signature of a non-binding memorandum of understanding with Caixa Seguridade laying down the terms of a new exclusive distribution agreement in Brazil.
According to CNP Assurances, the binding memorandum of understanding was to be signed before 1 January 2018 but the discussions between both partners had not yet concluded on 22 December.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The current agreements remain in force.
The French insurance group announced on 29 September the signature of a non-binding memorandum of understanding with Caixa Seguridade laying down the terms of a new exclusive distribution agreement in Brazil.
According to CNP Assurances, the binding memorandum of understanding was to be signed before 1 January 2018 but the discussions between both partners had not yet concluded on 22 December.
Copyright (c) 2017 CercleFinance.com. All rights reserved.