| Consolidated Balance Sheet 2010 |
One of Covéa's objectives is to reinforce its financial solidity so as to guarantee members and customers a high degree of security and support its own growth.
The absence of major climatic events and the decrease in claims contributed to the production of satisfactory technical results. The combined ratio for the Group has substantially improved.
Covéa posted a combined net income of 507 million euros, close to that for 2010. Equity is up over 7%, allowing the Group to maintain its solvency ratio, proof of its financial strength.
- Gross premiums : 14,277 million euros
- Net income (Group share) : 507 million euros
- Group equity : 9,003 million euros
- Regulatory solvency ratio : 327 %
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