FXB says Groupama stakeholders still on board after downgrade
Groupama UK chief executive François-Xavier Boisseau has branded concerns that brokers will stop placing business with insurer as a result of the Standard & Poor downgrade a "storm in a teacup".
Earlier today the rating agency downgraded the group from BB to BBB- and some brokers are thought to be considering cutting ties with the insurer as a result.
But Boisseau told Post that he had spoken
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