Insurance Age

Groupama boosted by Clinicare acquisition

    • Insurance Age staff

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Before the announcement of the full results in March, Groupama has released a statement regarding ac...

Before the announcement of the full results in March, Groupama has released a statement regarding activity across the group last year. In the UK, premium income was EUR605m (£407m), an increase of 20% compared with 2005. The increase included the acquisition of Clinicare in October 2005 and of 8.6% on a like-for-like basis.

According to Groupama, the inclusion of Clinicare and the strategic repositioning in the small to medium-sized business market helped to drive a 19.7% increase in life and

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