Insurance Post

Groupama to sell Polish arm to Generali JV

Handshake in London

Groupama has agreed to sell its Polish operation Proama to Generali PPF Holding, a joint venture between Italy-based Generali and central European investment group PPF.

Pierre Lefèvre, managing director of international and subsidiaries at Groupama SA, explained that the decision to divest its Polish business was part of a broader plan to reduce expense and

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