2024 Annual report

Groupama publishes its annual report every year: original and concise, this report highlights the key events of the past year and tells the story of how, together, we create value for all our stakeholders.

Enjoy your reading!

 

To read the 2024 annual report, click on this link, or on the image below.

Over the course of the year we put all our efforts into living up to our raison d’être “We are here to help as many people as possible build their lives with confidence”.
In all our branches, in France and  abroad, members and employees worked together to keep this promise.They supported our customers through difficult times by showing up and doing what they could to respond as quickly as possible to their needs. At different levels, everyone strengthened the fundamental principles of our mutualist model, the values of support and solidarity, driven by a powerful community and a wellstructured system. All of this feeds into our ambition to become “the mutualist champion of customer support.”

To read the joint interview, click here.

In a complex environment affecting geopolitics, the economy and the climate, Groupama opted for a controlled growth strategy, designed to consolidate our technical stability, a proactive approach that delivered a record premium income of €18.5 billion in our 2024 results, up 8.9%, driven by growth in operations in France and abroad, as well as by a strong increase of net income to €961 million. The latter figure reflects improved operating results in all our business lines, whether for property and casualty insurance, pension and savings or health and protection. Lastly, the solvency ratio, a key indicator of the Group’s financial strength, remains very robust at 185%, with no transitional measure after debt reduction of €260 million. Our good results were not limited to the financial sphere; in sustainability, we obtained the Afnor CSR Commitment label in recognition of our corporate social responsibility initiatives.

To read the joint interview, click here.