FRPS: Arial CNP Assurances applies

Arial CNP Assurances applies for a change of status.

Arial CNP Assurances has filed an application with the authorities to be approved as a supplementary occupational pension fund (FRPS) according to a publication in the Official Journal.

Change of status in sight. Arial CNP Assurances has applied for approval to become a supplementary occupational pension fund (FRPS). This transformation should allow the subsidiary of CNP Assurances and AG2R La Mondiale to benefit from advantageous regulation for its flagship activity: retirement savings.

A controlled moult

Arial CNP Assurances had prepared the ground. The project had been the subject, as of May 2022, of a triple request for a partial portfolio transfer. Not eligible for a change in status, these were entrusted to AG2R Prévoyance, La Mondiale and CNP Assurances. Outstandings should be housed within their own balance sheets.

The insurance company’s creditors now have two months to submit their comments on this approval project.

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