Groupama chairman toasts "vintage performance"

Groupama chairman and ceo Pierre Lefevre toasted a "vintage performance" for the insurer in the wake of its 2006 results. Total revenues increased significantly to £412.5m - up 20% on last year - and, on a like-for-like basis, income increased by 8.5% on the back of a strong performance in both commercial and home insurance. Net profit rose to just over £55m as a result of an exceptional tax credit of £21.3m, but the combined ratio remained static at 98.8%. Commercial revenues were up almost

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: