Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Profit in its combined UK operations increased almost 70% to £23.7m (2009: £14.1m) before tax and amortisation.
Although the household account broke even it was impacted by significant severe weather
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