27 May 2018
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Groupama reports 1,6% increase in life insurance production

20 July 17 - RE+D Magazine
Groupama reports 1,6% increase in life insurance production

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Groupama Insurance remained on a profitable trend in 2016 with net earnings totaling 7.3 million euros.

 

Premium production totaled 135.57 million euros, with premium production in the life insurance category rising 1.6 pct while damage premium production fell 4.1 pct in the year.

Turnover was 53.1 million euros in the life insurance sector, up 1.6 pct from 2016 and reflecting an 11 pct jump in the production of individual health contracts and supplementary insurance contracts.

Saving products premium production grew 4.0 pct in 2016, while in the car insurance business Groupama managed to raised its market share.

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