2010 Annual Results

“Once again this year Groupama has pursued its development and confirmed its growth. In France we continue to gain market share in all main segments of property and casualty insurance and are progressing in the health sector where we are already a leader. At the international level our subsidiaries are now fully playing their role as a springboard for development with sustained growth in markets which, for the most part, are still affected by the economic downturn.
2010 was especially significant in terms of reinforcing our distribution networks, whether our traditional ones, in direct insurance or through new partnerships.
We have also continued our programmes to strengthen the technical and operating efficiency that has enabled us, in a context marked by economic and financial uncertainty, to withstand the year’s exceptional weather events and the substantial deterioration of current claims figures.
In coping with these storms and providing rapid assistance to our policyholders both in France and in Hungary, all of Groupama’s teams showed an exceptional ability to mobilise their efforts. It is thanks to the drive of our 39,000 employees, in all circumstances, that Groupama succeeds year after year in growing, anticipating and staying focused on its ambitions.”