develops and manages personal insurance products for their banking partners, such as La Banque Postale, BPCE, Barclays, and UniCredit, as well as for mutual insurance companies, companies, local authorities, and hospitals. CNP also has targeted offers for financial services companies interested in diversifying their product line-up. CNP is the leading personal insurer in France and the fourth-largest life insurer in Europe.

In Latin America, CNP has operations in Brazil and Argentina. Through their subsidiary Caixa Seguradora (formerly Caixa Seguros), partner of the country's second largest state-owned bank, CNP is Brazil’s sixth largest insurance provider.

CNP enjoys the backing of a core group of stable shareholders, Caisse des Dépôts, the French State and two major banking partners – La Banque Postale and BPCE – through their joint holding company Sopassure, that are united by a shareholders' agreement. Together, these four shareholders own more than two-thirds of our capital.

With over €320 billion in assets (excluding unit-linked portfolios) at 31 December 2014, CNP Assurances is a leading institutional investor. We invest in a wide range of different asset classes such as infrastructure projects, corporate debt, private equity and property. CNP has developed specific expertise in managing both life insurance risks and financial risks.

CNP's businesses go to the heart of people’s needs. CNP designs and manage life insurance, pension, personal risk and protection (term creditor insurance and health insurance) products. CNP serves 27 million insureds under personal risk and protection contracts worldwide and 14 million savings and pensions policyholders.

CNP's public sector legacy, our presence at the heart of policyholders' lives and their focus on anticipating changes in society have forged a commitment to better protect all our futures. This commitment is illustrated by the fact that 80% of assets in policyholder portfolios are managed by applying environmental, social and governance (ESG) screens.