Groupama Switches To Profit In 2014, Revenue Down 1%

04.07.2015 By Gabriela Stan

Insurance group Groupama Romania underwrote premiums of RON710.6 million last year, down 1% compared with 2013, due to lower revenues on the segment of mandatory car insurance (RCA), and posted a gross profit of RON13.5 million, from RON45.7 million loss the previous year, the company said Tuesday.

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