Groupama to up motor rates by 10% for 2010

Francois-Xavier Boisseau Groupama

The firm revealed that pre-tax profits fell 50% year on year to £14.1m in 2009 (2008: £30.1m), although revenue rose 3.9% to £450.3m (2008: £433.3m).

Mr Boisseau told Post that Groupama would raise

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