News in Brief
Groupama's results for 2009 revealed combined profitability for UK operations (before tax and amortisation) has fallen to £14.1m (2008: £30.1m). Total revenues rose 3.9% to £450.3m (2008: £433.3m) while combined revenues in the group's broking businesses were £66.5m (2008: £66.4m). Groupama said the private car policy count reduced to correct adverse profitability while commercial lines and healthcare revenues remained under pressure from difficult business conditions and competition in the
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