Groupama

Sales to boost capital at Groupama

Groupama has made an agreement with state owned French banking group, Caisse des Dépôts which it says will introduce substantial fresh capital to Groupama to reinforce the group’s solvency.

Groupama on negative watch

Groupama and its subsidiaries have been placed on negative watch over the possible weakening of its financial profile.

Market moves: ‘Tis the season for recruiting

As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.

Editor's comment: Sales, sprinklers and statistics

Any reputable estate agent — excusing the potential oxymoron — will tell you the property market falls quiet in the run-up to Christmas, as potential vendors focus on the festivities ahead. Not so in the insurance market, with an unexpected end-of-year…

Groupama to meet 'in the dark' brokers

Groupama is expected to give the first details of what might happen to the troubled French insurer in the UK when it meets with many of its UK brokers tonight.

Groupama mulls possible sales option

Groupama is believed to be investigating the option of selling a stake in the company or assets to outside investors in an attempt to strengthen its capital and restore its solvency margin.

Editor's comment: Maelstroms on multiple fronts

This week has seen maelstroms on multiple fronts. As the devastation and mass fatalities caused by the Turkish earthquake continue to dominate news headlines, the insurance industry is bracing itself for a different bout of turmoil prompted by another…

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