PARIS, July 31 France's biggest life insurer,
CNP Assurances, reported on Thursday that first-half
net profit rose 3 percent as revenue growth in its main French
market helped offset weakness in Latin America.
The company posted first-half group net profit of 601
million euros (805.1 million US dollars) while net revenue rose
1.8 percent to 1.625 billion.
Net insurance revenue rose 7.0 percent in France while they
declined by 4.2 percent in Latin America, the company said in a
CNP generates more than 25 percent of its premiums outside
of France, with Brazil and Italy its largest foreign markets.
(1 US dollar = 0.7465 euro)
(Reporting by Leigh Thomas; Editing by James Regan)