Committed to an aggressive policy of selective growth, Groupama has put international expansion at the heart of its strategy. This decision has been implemented by close study of acquisition opportunities in southern Europe, as well as in areas undergoing strong growth, including central Europe and Turkey. We have also reinforced synergies between our French and international activities, and among the subsidiaries themselves. The successful integration of our new acquisitions in Spain, the United Kingdom and Turkey, and the support of newer subsidiaries in Hungary, Vietnam and China represent priorities for 2006.
With growth of over 7%, the consolidated premium income of the Group's subsidiaries in International and French overseas departments and territories (DOM-TOM) totalled 2 billion. The increase is primarily attributable to a significant growth in life and health insurance, as well as the strong contribution of the southern European subsidiaries.
Groupama consolidates its positions in Turkey with the acquisition of the insurance company Güven >>To see the press release
Groupama signs an agreement to acquire 100% of Romanian insurer Asiban S.A and thus ranks 3rd on the Romanian insurance market >>To see the press release
