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AG2R La Mondiale
AG2R La Mondiale is a French multinational insurance firm headquartered in Paris that engages in global insurance, financial services, supplementary retirement fund and supplementary pension. With €29 billion in contributions in (2017), AG2R La Mondiale is the biggest provider of supplementary pensions in France, managing one quarter of employees in the private sector, and the second biggest health insurer (excluding banking groups). The firm has 15 million individual customers and more than 500,000 business customers. AG2R La Mondiale owns the AG2R La Mondiale cycling team and sponsors the Transat AG2R sailing race. History The company is a fusion of two entities. Those are the AG2R Group, a French-based interprofessional insurance and supplementary retirement fund group, created in 1951 and headquartered in Paris, and the La Mondiale Group, which is a French-based international group for supplementary pension and estate planning insurance, created in 1905 and headquartered ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Pension
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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AG2R La Mondiale (cycling Team)
AG2R La Mondiale is a French multinational insurance firm headquartered in Paris that engages in global insurance, financial services, supplementary retirement fund and supplementary pension. With €29 billion in contributions in (2017), AG2R La Mondiale is the biggest provider of supplementary pensions in France, managing one quarter of employees in the private sector, and the second biggest health insurer (excluding banking groups). The firm has 15 million individual customers and more than 500,000 business customers. AG2R La Mondiale owns the AG2R La Mondiale cycling team and sponsors the Transat AG2R sailing race. History The company is a fusion of two entities. Those are the AG2R Group, a French-based interprofessional insurance and supplementary retirement fund group, created in 1951 and headquartered in Paris, and the La Mondiale Group, which is a French-based international group for supplementary pension and estate planning insurance, created in 1905 and headquartered ...
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Transat AG2R
The La Transat en Double formally known as the Transat AG2R is a two person transatlantic race which is held biannually in one design Beneteau Figaro boats. The present iteration being the Beneteau Figaro 3. Winners Editions 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2021 This was the first edition to use the new Beneteau Figaro 3 and was delayed by 12 months from 2020 to 2021 due to the COVID-19 pandemic. The race was renamed to "Transat en Double - Concarneau - Saint-Barthélemy". References {{Reflist External linksOfficial Website 1992 establishments in France Recurring sporting events established in 1992 Sailing competitions in France Yachting races Transatlantic sailing competitions Two person offshore sailing event ...
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Lille
Lille ( , ; nl, Rijsel ; pcd, Lile; vls, Rysel) is a city in the northern part of France, in French Flanders. On the river Deûle, near France's border with Belgium, it is the capital of the Hauts-de-France Regions of France, region, the Prefectures in France, prefecture of the Nord (French department), Nord Departments of France, department, and the main city of the Métropole Européenne de Lille, European Metropolis of Lille. The city of Lille proper had a population of 234,475 in 2019 within its small municipal territory of , but together with its French suburbs and exurbs the Lille metropolitan area (French part only), which extends over , had a population of 1,510,079 that same year (Jan. 2019 census), the fourth most populated in France after Paris, Lyon, and Marseille. The city of Lille and 94 suburban French municipalities have formed since 2015 the Métropole Européenne de Lille, European Metropolis of Lille, an Indirect election, indirectly elected Métropole, metr ...
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AG2R Citroën Team
AG2R Citroën Team () is a French cycling team with UCI WorldTeam status. Its title sponsors are French insurance firm AG2R La Mondiale and French automobile manufacturer Citroën. The team is predominantly French. History In 1992 Vincent Lavenu, who had just retired from professional cycling, started a professional cycling team with Chazal as the main sponsor. Lavenu had previously organised sponsorship from Chazal of his last professional team. This sponsor stayed from 1992 to 1995. In 1996 Petit Casino, a chain of coffee shops in supermarkets, took over the sponsorship of the team. At this time the team was a second division team that relied on the public to sponsor the team. The team had the saying "''Petit Casino- c’est votre equipe''" – "it's your team", which signified this involvement of the public. In 1997 Casino, the supermarket chain that contained the Petit Casino coffee shops, took over the sponsorship of the team and the budget increased substantially. Lav ...
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Financial Services Companies Established In 1951
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Insurance Companies Of France
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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