♦ The RCA, which has now reached more than half of the company's portfolio, was the basis of the Groupama catapult on the first place at the level of the entire insurance market, after the bankruptcy of City Insurance ♦ The net profit of the company has increased 17 times in the last five years, after in 2019 it had a loss of over 60 million lei.
Groupama, the insurance company that runs the entire insurance market in Romania, recorded at the end of last year a volume of the gross premiums subscribed by almost 4.4 billion lei, up 7%, marking a new historical level for the company. In the last 12 years Groupama has increased six times the volume of subscriptions and only in the last 5 years the first subscribed have increased four times, according to the information transmitted by the company and the data analyzed by the ZF from the ASF reports. Apart from RCA, Groupama registered a value of the gross premiums subscribed by almost 2 billion lei, up 21% compared to 2023, which means that more than half of the company's portfolio is oriented towards RCA. Regarding the net profit of Groupama, the year 2024 brought a record profit of 285 million lei, up 31% compared to 2023, and 17 times higher compared to the level of 17.3 million lei from 2020. Comparent, according to public data on the website of the Ministry of Finance, Groupama had at the end of 2019 a net loss of 60.4 million lei.
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