Groupama

Market moves: Getting ready for the fourth quarter

Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…

Fitch adds to Groupama's woes

Fitch Ratings has downgraded Groupama SA's and four of its core insurance subsidiaries' insurer financial sStrength ratings to 'BBB' from 'A-'.

Groupama actions fail to avert S&P rating action

Standard & Poor's Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings of Groupama SA and its related subsidiaries to 'BBB' from 'BBB+', and removed them from Credit Watch with negative implications.

Groupama appoints former Axa manager to new role

Groupama has today announced the appointment of former Axa account manager Louise Colledge, in a role overseeing the firm’s SME and commercial motor underwriting team in Manchester.

Penny Black's insurance week

Biker chick Penny’s wheels broke down on the M25 on Sunday and, being the caring type, she turned into a works entrance so as not to block the carriageway — already reduced to two lanes because of roadworks — only to realise the error of her ways.

Interview – Pierre Lefèvre: A long time coming

As international division managing director for Groupama, the UK once again falls under the watchful eye of Pierre Lefèvre, after an earlier five-year stint as the country’s CEO. Almost a decade after their last interview, Lynn Rouse catches up with…

Bikers cancel insurance in cold weather

Groupama, owner of specialist biker broker Carole Nash, has warned that motorbike insurance cancellations typically rise by up to 60% in autumn and winter compared to the spring and summer.

Groupama names new legal counsel

Former Towergate employee Andrew Hunter has been appointed group legal counsel for Groupama Insurances and company secretary for Groupama’s GUK Broking Services subsidiary.

Groupama boss encouraged by interim results

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.

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