Combining our strengths, protecting tomorrow

We're moving forward in a world that is constantly changing with new types of risks emerging daily.

Our Collective challenges are numerous, raising questions for each of us about the future that lies ahead and lead us all to evolve in our ways of working.

As a leading mutual insurance group facing these many challenges, we work each day so that everyone can move into the future with confidence.

Our collective strength amplifies our protective capabilities, lending even greater impact to mutual insurance.

An impact that is secure, inclusive, and tangible.

From insurance to reinsurance, we are a mutualist group with full control over the entire risk chain.

A group whose Brands and their employees maintain such close relationships with their millions of customers.

A group whose diversification and international development provide a solid financial foundation for protecting everyone over the long term.

Day by day we support societal transitions, striving to protect and promote team spirit but also what matters to every one of us.

And it is this mutual approach marked by deeper expertise and impact, as well as proximity and relevance to people, that enables us to respond precisely to the issues of today and tomorrow.

At Covéa, we act each day to make our mutualist power a protective force for the future.

Combining our strengths, protecting tomorrow.

An international group with multiple business lines, French market leader in property and casualty insurance

As a leading mutual insurance company, Covéa aims to stand out and cultivate its strengths in order to offer its customers and members lasting protection against existing and future risks.

View our key figures

11.4 million
Customers and members in France

10.5 million

Vehicles insured

7.3 million

Homes insured

3 million

Health beneficiaries

Employees worldwide

Including 21,000 in France, making Covéa a major driving force in regional economic development.

No. 10
Reinsurer worldwide

The acquisition of PartnerRe in 2022 fits in with the Group’s long-term strategy.

« The Group is steered and structured around the core priority of profitable growth, which is its steadfast focus. These are fundamental factors in ensuring that we can continue to grow. »

Michel Gougnard
Michel Gougnard
Chairman of the Board of Directors

Our corporate governance

Mutual insurance: a model with proven value and principles

As a mutual insurance group, Covéa stands out from anonymous insurers. Since the Group does not have any shareholders, it can legitimately focus on the needs of its customers and members

It can also implement emergency plans in the event of a crisis and give itself time for experiments and cooperations over the long haul.

Discover our mutual model

Covéa 2024: growing together

Our strategy

We have formalised our strategic orientations in a three-year plan that will remain in force until the end of 2024. This plan focuses on three priorities: to strengthen our leadership, to adapt our operating methods to new uses, and to remain committed to our teams, our policyholders and society.

Learn mor about our strategic orientations

A group two centuries in the making

France’s first mutual insurance group company (SGAM), Covéa has celebrated its 20th anniversary in 2023.

Currently one of Europe’s leading names in property and casualty insurance and reinsurance, the Group has built its organisation out of the two-hundred-year history of its founding mutual societies.

Consult our organisation

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.