2016 Annual Results – Net income of €322 million

• Premium income stable at €13.6 billion

– Targeted development, particularly with very strong development of the unit-linked individual savings / pensions business

– Strong growth in group health insurance, driven by the new regulation in compulsory group health insurance, “ANI”, a market sector in which Groupama is France’s number one player

 

• Net income of €322 million

– Economic operating profit of €153 million

– Technical and operating performance impacted by a difficult environment due to the persistence of low interest rates and the higher rate of claims due to weather and severe claims

– A non-life combined ratio of 100.3%

– Active transformation of the life insurance portfolio with a share of unit-linked in individual savings reserves of 23.5%

 

• A Solvency II ratio of 289%

– Shareholders’ equity rose by +6.5% to €8.8 billion

– A total of €190 million in mutual certificates