Groupama up for grabs


So the race has started. On 12 January Groupama’s head office in Paris fired the starting gun and announced that its UK operations were up for sale.

But the move comes as little surprise to brokers. At the start of December credit ratings agency Standard & Poor’s lowered Groupama Group’s status to BBB-, the final level before a junk bond rating, on the back of its exposure to Eurozone sovereign debt. Since that moment the market has been awash with rumour and speculation of a sale. But what does

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: