trending Market Intelligence /marketintelligence/en/news-insights/trending/P-n2gUmeYHrLsibUss6mWg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Groupama's 2018 net profit jumps from building sale, operating income dips YOY

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor


Groupama's 2018 net profit jumps from building sale, operating income dips YOY

French insurer Groupama Group posted a 54% rise in 2018 net profit, boosted in part by capital gains from a real estate sale.

The group's net profit for the year came to €450 million, up from €292 million in 2017, after it sold a building in the business district of La Défense in outer Paris for €477 million in October 2018. The group's 2018 operating income, however, declined to €298 million from €349 million in 2017.

Group premium income rose 4% to €14.3 billion, helped by 2.7% growth in property and casualty insurance and a 5.3% uptick in life and health insurance. Business grew by 4.4% in France and 1.6% internationally.

Groupama's Solvency II ratio stood at 167% at the end of 2018.