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Covéa more than doubles profit in 2025

Philippe Domart, CEO, Covéa Insurance

Post-tax profit at Covéa Insurance soared to £72.4m in 2025, more than doubling from £32.9m the year before when it swung back into the black after years of losses.

The 2024 result had followed an £87.3m deficit for 2023 and a £145.5m shortfall in 2022.

According to the insurer, the latest profit boost was driven by “significant improvement in financial performance and operational efficiency”.

RelatedCovea returns to profit as GWP drops Xavier Laurent to succeed Georges De Macedo as Covéa boss Covéa UK appoints Domart as CEO five months after naming Laurent in role New Covea UK CEO Laurent promises consistency to brokers 

The increase came alongside the

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