Press Release – Paris, 07 June 2016
The Covéa Group in 2015: simplicity, efficiency, performance
- Continued growth with a 5.2% increase in revenues
- Market share gains in property and casualty insurance
- Improved combined ratio at 98.5%
- Net income in excess of €1 billion (+ 9.1%)
- Strengthened financial solidity
Covéa Group posted sales of €17,252 million in 2015, an increase of +5.2%. Non-life insurance revenues increased by 4.8%, and life insurance revenues by 6.1%.
Net income – group share broke the €1 billion barrier at €1,049 million, versus €961 million in 2014, i.e. an increase of 9.1%. The group’s combined equity capital now stands at €12.7 billion versus €11.6 billion in 2014.
