World Insurance Report
French mutuals look to further consolidation
The 36 members of France’s association of mutual insurers, Gema (Groupement des Entreprises Mutuelles d’Assurances), have
produced a reasonable set of aggregate results. Their nonlife business rose by 5.1% to €7.1bn (US$6.2bn) of premium income,
while their life business rose by 9% to €3.6bn.