banner370

banner406

banner410

banner413

banner334

banner369

banner407

banner409

banner412

banner78

banner358
banner357
banner344

Groupama completed 2018 with profit

One of the major actors of Turkish Insurance Sector, Groupama declared 120.5 million TRY net profit in 2018.

banner345
TURKISH INSURANCE NEWS 30.04.2019, 21:59
Groupama completed 2018 with profit
banner346
banner414

One of the biggest actors of Turkish Insurance Sector, Groupama declared 120.5 million TRY net profit in 2018. While Groupama achieved growth in non-life insurances in 9.8 percent in 2018 over the previous year, the company generated premium production of 1 billion 347 million TRY and increased investment income in 57 percent. It completed 2018 with a total premium production of 163.9 million TRY for life insurance.

Groupama Insurance shared financial results of 2018. Although many sectors experienced a shrinkage in 2018, Groupama achieved a profitable growth in both non-life and life branches.

Evaluating the Groupama’s performance in Turkey for the year 2018, General Manager Philippe-Henri Burlisson said, "2018 was a year of shrinkage for many sectors. Inflation completed the year with a rate higher than 20 percent. The sector in real terms shrank by 2.4 percent in 2018 as all these variables directly affected the insurance sector. Despite all these negative developments, we were very satisfied to have achieved profit growth thanks to our strong agency network and efficient cost management performance.”

Stating that there is a serious potential in the insurance sector of Turkey Burlisson has noted that non-life branches are is an important resource for the sector. Burlisson also added that they produced 1 billion 347 million TRY of premium in addition to the net profit of 57 million 544 thousand TRY and they will continue to apply their growth strategies in non-life branches.

Stating that Groupama had a successful year in life branch as well Burlisson said, “we generated 63 million TRY net profit and 163 million 988 thousand TRY premium production in 2018.

2019 is going to be the transformation year

In 2018, Groupama Insurance creating and implementing new term strategies strengthened its agency communication. Groupama has continued working in all branches with a growth over the sector and its approach stands out as one of the leading players in the automobile insurance branch. Philippe-Henri Burlisson has noted that they transferred their retirement portfolio and terminated the agreements with the Agricultural Credit Cooperatives in 2018 and emphasised that the main strategy for the new term is sustainable and profitable growth.

Evaluating the insurance sector Burlisson said that “I expect non-life branches will continue to grow. Moreover, increase in the sales in leading sectors such as automobile and real estate with supports will have positive effect on insurance sector. I believe that if inflation rate decreases, insurance sector of Turkey will achieve better.”

Source: Turkishinsurancenews.com

banner362
Yorumlar (0)
banner358
banner339
banner353
14°
kapalı
banner348
Günün Anketi Tümü
Sizce Yeni Sitemiz Nasıl Olmuş?
banner418
banner355
banner359
Puan Durumu
Takımlar O P
1. Başakşehir 23 46
2. Trabzonspor 22 45
3. Galatasaray 23 45
4. Sivasspor 23 45
5. Alanyaspor 23 39
6. Fenerbahçe 23 38
7. Beşiktaş 23 37
8. Göztepe 22 34
9. Gaziantep FK 23 31
10. Gençlerbirliği 23 27
11. Antalyaspor 23 25
12. Malatyaspor 22 24
13. Denizlispor 23 24
14. Çaykur Rizespor 22 24
15. Konyaspor 23 21
16. Ankaragücü 23 20
17. Kasımpaşa 23 19
18. Kayserispor 23 16
Takımlar O P
1. Hatayspor 24 48
2. Erzurum BB 24 42
3. Adana Demirspor 24 40
4. Bursaspor 23 39
5. Fatih Karagümrük 24 37
6. Akhisar Bld.Spor 24 35
7. Ümraniye 24 35
8. Altay 23 34
9. Keçiörengücü 23 32
10. Menemen Belediyespor 24 32
11. Balıkesirspor 23 31
12. Giresunspor 23 28
13. İstanbulspor 22 27
14. Altınordu 24 27
15. Osmanlıspor 24 21
16. Adanaspor 24 18
17. Boluspor 23 17
18. Eskişehirspor 24 16
Takımlar O P
1. Liverpool 27 79
2. Man City 27 57
3. Leicester City 27 50
4. Chelsea 27 44
5. M. United 27 41
6. Tottenham 27 40
7. Sheffield United 27 40
8. Wolverhampton 27 39
9. Arsenal 27 37
10. Burnley 27 37
11. Everton 27 36
12. Southampton 27 34
13. Crystal Palace 27 33
14. Newcastle 27 31
15. Brighton 27 28
16. Bournemouth 27 26
17. Aston Villa 27 25
18. West Ham 27 24
19. Watford 27 24
20. Norwich City 27 18
Takımlar O P
1. Barcelona 25 55
2. Real Madrid 25 53
3. Atletico Madrid 25 43
4. Sevilla 25 43
5. Getafe 25 42
6. Real Sociedad 24 40
7. Villarreal 25 38
8. Valencia 25 38
9. Granada 25 36
10. Levante 25 32
11. Athletic Bilbao 25 31
12. Osasuna 25 31
13. Real Betis 25 30
14. Deportivo Alaves 25 30
15. Real Valladolid 25 29
16. Eibar 24 24
17. Celta de Vigo 25 24
18. Mallorca 25 22
19. Leganés 25 19
20. Espanyol 25 19
banner360
banner361
Günün Karikatürü Tümü
banner419

Gelişmelerden Haberdar Olun

@