Groupama’s 2025 Half-Year Results

Premium income (insurance premiums and other income) of €12.9 billion, up +7.1%

• Growth in property and casualty insurance (+6.4%)
• Increase in premium income in health and protection insurance (+7.3%)
• Growth in the savings/pensions business (+9.1%)
• Insurance revenue (IFRS 17) of €8.3 billion

 

Net income of €450 million, up +13%

• Economic operating income of €503 million, up +23%
• Major weather events, including Cyclone Garance on Reunion Island in February and severe storms in June in metropolitan France
• Combined ratio of 94.1%

 

Strong solvency ratio of 211% without transitional measures

• Solvency ratio of 263% with the transitional measure on technical provisions
• Equity of €11.0 billion
• Contractual services margin of €4.1 billion