Groupama Assurances Mutuelles 2016 Annual Report with Sustainability Disclosures
Company: Groupama Assurances Mutuelles
Sector: Finance & insurance
Country: France
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 394
The report presents Groupama SA’s 2016 consolidated premium income of €10,140 million and net income of €79 million. It describes an exceptional weather-loss year, with combined-group weather-event costs of €286 million net of taxes and reinsurance. The regional mutuals participated in a €700 million capital increase for Groupama SA. The report also describes the Orange partnership to develop mobile banking through Groupama Banque, which was renamed Orange Bank in January 2017.
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