(CercleFinance.com) – CNP Assurances publishes revenue of 36 billion euros for the 2022 financial year, up 13.7% compared to 2021, driven by the acquisition of Italian subsidiaries in Europe outside France (+78%) and by the commercial dynamism of its activities in Latin America (+14.9%).
At constant scope and exchange rates (LFL), sales however show a decline of 3.6% compared to the previous financial year.
Net insurance income (NAI) reached 3.8 billion euros, up +9.6% like-for-like compared to the same period twelve months earlier.
Finally, gross operating income came to 3.5 billion euros, up 6.6% like-for-like, while net income group share amounted to 1.9 billion euros, up by 25%.
”CNP Assurances recorded strong growth in its earnings under the impetus of its international development strategy and its remarkable adaptation to the rate environment,” emphasizes Stephane Dedeyan, Chief Executive Officer of CNP Assurances.