Groupama publishes its 2006 life embedded value

10 September 2007

#finance

"Our embedded value figures for 2006, based on CFO Forum guidelines and fully market consistent, demonstrate the group's ratios are totally in line with those of our local peers according to comparable principles. And I am very confident in the 2007 outlook", said Helman le Pas de Sécheval, Group CFO.

Key highlights 2006 Groupama France International
Embedded Value (EV) 4 751
(MCEV) 4 462 (EVT) 289,6
New Business Value (NBV (1)) 57,5 42,8 14,7
NBV / APE (2) 11,8 % 10,3 % 21,3 %
NBV / PVP (3) 1,4 % 1,2 % 3,6 %
(1) NBV : New Business Value
(2) APE : Annual Premium Equivalent = 10% des primes uniques et 100% des primes périodiques
(3) PVP : Present Value of Premiums : valeur actuelle des primes futures projetées dans la production nouvelle