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Groupama

Groupama groupHungarygroupama.hu ↗#3 of 25 in Hungary, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
MABISZ quarterly report; lines, solvency and claims from each insurer's SFCR
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around December 2026

Sources for HungaryWhat changed

Compare with nearest rivals →Compare →
Share
Premium
€681m
13.3% of Hungary · incl. €46m abroad
Growth
+23.2%
FY 2025 vs 2024, in HUF · market +14.9% · without €46m written abroad ≈ +23%
Life share
42%
of own premium
Capital cover
166%
SCR ratio · €228m held vs €137m required
Claims and costs
88%
combined ratio after reinsurance · gross 83% · market 87%
In shortNumber 3 of 25 in Hungary with 13.3% of premium, growing faster than the market. Strongest in Accident, with 34.4% of the line. Its non-life business made money on underwriting, with a combined ratio of 88% after reinsurance against 87% for the market. It holds 1.7 times the capital it must hold.

Latest resultsH1 2026, year to date: €396m of premium, +2.1% on H1 2025 (market +2.6%); share 13.1% (−0.1 pp), #3 of 25. More

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Groupama's line mix, and where it stands among the 25 insurers in Hungary on each measure, FY 2025.

Line mix
Life40%
Property20%
Accident11%
Motor TPL10%
Casco10%
Liability3%
Other non-life3%
Health2%
Size#3 of 25 by premium
€681m
larger than 92%median €107m
GrowthFY 2025 against 2024, in HUF
+23.2%
ahead of 92%median +10.5%
Claims and costsnon-life combined ratio, after reinsurance
88%
better than 63%median 91%
Capital coverSCR ratio: own funds ÷ SCR
166%
ahead of 14%median 201%
Return on equitynet profit ÷ average equity
21.7%
ahead of 44%median 25.0%

Each bar runs from the weakest to the strongest of the insurers in Hungary with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
Allianz15.5%15.2%14.7%14.2%14.0%
Generali13.6%14.0%14.8%14.8%13.8%
Groupama10.1%10.5%11.6%12.4%13.3%
Alfa VIG10.6%10.9%11.8%11.8%11.3%
Union VIG8.5%8.3%7.4%7.0%6.8%

Lines and claims

Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.

All figures

Savings and protection in life

Life premium by kind

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Also in the Groupama group

    6 companies in 5 markets · €1.78bn premium, latest year

    All 6 on the Groupama page →
    Romania1 company€979m
    Groupama€979m
    Bulgaria2 companies€98m
    Groupama€77mGroupama Life€21m
    Croatia1 company€11m
    Groupama osiguranje€11m
    Slovenia1 company€10m
    Groupama (branch)€10m

    Company details

    Legal name
    Groupama Biztosító Zártkörűen Működő Részvénytársaság
    Registered seat
    Budapest, Hungary
    Website
    groupama.hu
    LEI
    5299005OWMBTSNKNP092

    Legal name, seat and LEI from the Global LEI Index (GLEIF); website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Groupama

    Short answers from the figures on this page.

    What is Groupama's market share in Hungary?

    Groupama wrote €681m of premium in FY 2025, 13.3% of all premium in Hungary, ranking #3 of 25 insurers; its premium grew 23.2% on FY 2024 in HUF.

    Who owns Groupama?

    Groupama is part of the Groupama group, which has 6 companies in 5 of the 18 markets on Polisa (FY 2025).

    What does Groupama sell?

    Groupama is a composite insurer; its largest lines in FY 2025 are life insurance (40.1% of its premium), property (20.3%) and accident (11.0%).

    Is Groupama well capitalised?

    Groupama's SCR ratio was 166% at 31 December 2025: it held 1.7 times the capital Solvency II requires, against a median of 201% for the insurers in Hungary.

    Is Groupama profitable?

    Groupama made a net profit of €36m in FY 2025, a return on equity of 21.7%; its non-life combined ratio was 88% after reinsurance.

    Is Groupama growing?

    Groupama's premium grew 23.2% in HUF in FY 2025, faster than the market in Hungary (+14.9%). Of its FY 2025 premium, €46.4m was written outside Hungary; without it, premium grew about 23%.

    Sources for this page

    Premium: MABISZ (Association of Hungarian Insurance Companies), quarterly report for Q4, per member: total, life, non-life and motor TPL (kgfb). Other lines, claims, expenses and solvency: the insurer's SFCR for FY 2025, templates S.05.01 and S.23.01; claims, expenses and solvency for FY 2021–2024 from the SFCRs of those years. How these numbers are built.

    Spotted a wrong figure? Tell us and include the source.

    CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse

    Polisa compiles the figures; the original sources are named on this page and on the method page.

    APA

    Polisa. (2026). Groupama (Hungary): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/hu-groupama

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_hu_groupama_2026,
      author       = {{Polisa}},
      title        = {Groupama (Hungary): premium, market share, lines, solvency and claims},
      year         = {2026},
      version      = {2026-11-11.13378f},
      howpublished = {\url{https://polisapro.com/insurers/hu-groupama}},
      note         = {Accessed 11 November 2026}
    }

    Reuse: Polisa's compilation CC BY 4.0 · source data: MABISZ (written consent only, no commercial use), MNB (free with credit, unchanged), e-beszámoló (public filings, single figures), insurers' SFCRs (public disclosures, linked).