Crédit Agricole Assurances press releases
SC Tangram, new unit-linked real estate product available with spirica policies
Spirica, a Crédit Agricole Assurances subsidiary, is offering a new unit-linked real estate product: SC Tangram. This product, focused primarily on real estate, is available since early September for all Spirica life insurance and capitalisation policies.
Crédit Agricole Assurances joins forces with Banque des Territoires and Groupama to develop its renewable energy investment company alongside Engie
Crédit Agricole Assurances, Banque des Territoires and the Groupama Group are today announcing that they signed an agreement under which Banque des Territoires and Groupama will enter the capital of Predica Energies Durables (PED), Crédit Agricole Assurances’ dedicated subsidiary for investments in renewable energy production assets alongside Engie, the French market leader for solar and wind power generation. Following this transaction, the two new investors will respectively hold 22% and 18% of PED’s capital, with Crédit Agricole Assurances remaining PED’s majority shareholder with 60% of its capital.
Crédit Agricole Normandie and Crédit Agricole Assurances to open a claims management unit in Caen’s urban hub
To support its growth, Pacifica, Crédit Agricole Assurances’ property and casualty insurance subsidiary, is announcing that it will be opening a new claims management site in the Caen area at the end of 2020. This will be the 20th site of this type, all based in France, and the third opening in one year following the centres announced for Saint Etienne and La Roche-sur-Yon, creating nearly 300 jobs in the regions.
A first half of 2019 marked by solid results and a still dynamic commercial activity
In the first half of 2019, Crédit Agricole Assurances generated premium income of €20.4 billion, up 18.7% compared with the first six months of 2018. The first six months were characterised by strong inflows in Savings & Retirement, and the continuation of sustained momentum in Property & Casualty insurance as well as in Death & Disability / Creditor / Group insurance.