2012 half-year results

Christian Collin, Deputy Chief Executive Officer Groupama SA, stated that “Our half-year results bear witness to the major work accomplished over the last few months, allowing the group to post substantially improved results, close to breaking even. As previously announced, the group concentrated on the disposal of certain business assets, on reducing its exposure to financial risk and lowering operating costs.
Added to this, client loyalty remained steady and we increased our market share in France”

Groupama combined scopePremium income: €9,339 million, -2.8% on a like-for-like basis

• of which P&C insurance: €5,054 million
• of which L&H: €4,151 million
• of which financial and banking activities: €134 million

Economic operating income: €17 million
Net results: -€87 million
Solvency margin: 113%