Insurance Post

Groupama boss encouraged by interim results

Francois-Xavier Boisseau

Groupama CEO François-Xavier Boisseau has described the first six months of the year as "very encouraging” for the company’s UK businesses, following interim results in which a combined UK operations profits increase of 34% was recorded.

Total revenues at Groupama for the opening half of the year experienced a slight rise from £237.7m in 2010 to £239.8m.

While personal lines revenues increaed to £148.4m, from £237.7m, this was offset

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