Activities and results

Market leader in property and casualty insurance in France, Covéa operates primarily via three strong complementary brands – MAAF, MMA and GMF – offering a comprehensive and diversified range of products covering all the needs of its customers and members

In the reinsurance market, Covéa operates mainly via PartnerRe, which offers a wide range of non-life and life reinsurance products and works with insurance companies all over the world.

In 2022, the 7% increase in net income, to €896 million, with €348 million coming from PartnerRe, underlines the efficiency of Covéa’s model.

Consult our results


The Group’s solvency and its ability to generate stable results demonstrate its financial strength, which is recognised by the large credit rating agencies.

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S&P Global Ratings

Stable outlook - Last update: 2024/01/29


Stable outlook - Last update: 2021/10/29

AM Best
A+ (Superior)

Stable outlook - Last update: 2024/02/08

A mutual insurer by your side for the future

Our aim is to ensure sustainable growth for all our stakeholders and for society as a whole.