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Groupama Insurances has purchased

Groupama Insurances has purchased UK Healthcare subsidiary Clinicare subject to formal approval by t...

Groupama Insurances has purchased UK Healthcare subsidiary Clinicare subject to formal approval by the Financial Services Authority. Pierre Lefevre, chairman and chief executive said: "This is an important acquisition that more than doubles our private medical insurance revenues in the UK. Importantly, it is in line with the group's strategy with regard to healthcare - it supplements our existing UK portfolio and we see a significant opportunity for profitable growth."

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