CNP Assurances
Encyclopedia
CNP Assurances S.A. is a major French
insurance
corporation
. CNP stands for Caisse Nationale de Prévoyance. It is listed on the Fortune Global 500
. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations
, which continues to hold approximately 40% of the company.
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
. CNP stands for Caisse Nationale de Prévoyance. It is listed on the Fortune Global 500
Fortune Global 500
The Fortune Global 500 is a ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine....
. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations
Caisse des dépôts et consignations
The Caisse des Dépôts et Consignations is a French financial organization created in 1816, and part of the government institutions under the control of the Parliament. Augustin De Romanet is the board chairman and chief executive...
, which continues to hold approximately 40% of the company.