PMI revenue up at Groupama

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Groupama Group says the Private Medical Insurance (PMI) market is seeing further evidence of some rate strengthening in the Small to Medium Enterprise (SME) area where the company is active.

In results released today, Groupama says PMI revenue rose 8% for the first half of 2010, in what the company called "an encouraging start to the year." However its Group report says total UK Life and health insurance posted a slight revenue decline for the half of -0.9% at £40.8m (€49m). François-Xavier Boisseau, CEO of Groupama Insurances, says : "The award winning reputation of Groupama Healthcare based on the consistent, high quality of service that we offer to brokers and their clients sets us apart from the competition and continues too win us new friends. "With the current level...

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