Groupama’s 2021 Half-Year Results

 

Premium income of €10.1 billion, up +8.8%

• Sharp increase in life and health insurance (+16.7%) driven by the excellent performance of the individual savings/pensions segment in France (+48.5%)
• Growth in property and casualty insurance (+2.3%) both in France (+2.4%) and internationally (+1.4%)

Net income up significantly at €297 million (+114%)

• Non-life combined ratio of 98.1% in line with our objectives
• Growth in economic operating income to €264 million
• Increase in non-recurring financial margin

Solvency ratio with transitional measure of 261%

• A solvency ratio of 174% without transitional measure on technical reserves
• Group’s IFRS equity of €10.7 billion