Groupama's 2023 Full-Year Results
Premium income (insurance premiums and other income) of €17.0 billion, up +6.9%
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Strong growth in property and casualty insurance (+10.7%), driven by the solid
performance of international subsidiaries
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Increase in premium income in health and protection insurance (+7.9%)
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Decrease in the savings/pensions business (-4.4%)
Net income of €510 million
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Economic operating income of €627 million, despite an elevated climate-related
claims charge (€1.3 billion before reinsurance)
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Combined non-life ratio of 96.8%
Solvency ratio of 197% without transitional measure
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Solvency ratio of 267% without transitional measure on technical reserves
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Group's IFRS equity of €9.9 billion, up +€1.1 billion
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Contractual services margin of €3.6 billion