Key figures

Activities in 2022

€22.7 bn
Gross earned premiums

17%

Motor

15%

Commercial lines

26 %

Reinsurance

No. 1
Leading positions in France

In property and casualty insurance, motor insurance, home insurance and legal protection. The Group is also the world’s 10th-largest reinsurer.

11.5 million
Customers and members

Covéa insures 10.8 million vehicles and 8 million homes in France. The Group also has 3 million health insurance policyholders.

Financial position as of 31 december 2022

  • Net income

    • 2022

      896.00 €m

    • 2021

      838.00 €m

    • 2020

      415.00 €m

€17.6 bn
Group equity

AA- / stable outlook

Rating from S&P Global Ratings

Aa3 / stable outlook

Rating from Moody's

A+ (Superior) / stable outlook

Rating from AM Best

226%
Solvency ratio

In 2022, Covéa finalised the acquisition of PartnerRe Ltd. from Exor for €7.9 billion.

€104 bn
Investments

In terms of realisable value, government and similar bonds make up 46% of investments, corporate bonds 16%, equities and equity UCITS 11%, and property 8%.

Non-financial performance as of 31 december 2022

24,000 employees
including 21,000 in France

65.7%

proportion of women in the staff of the Covéa economic and social unit (UES)

54.6%

Women in managerial positions

95.4%

Employees who received training

2,415
Sales point in France

Our brands MAAF, MMA and GMF cover all of France.

743.4 tons
Waste

For operating property, scope of the Covéa economic and social unit (UES).