GACM Reports Growth in Premiums and Robust Profits for 2025

In 2025, Groupe des Assurances du Crédit Mutuel (GACM) recorded a significant increase in gross written premiums, reaching €17.6 billion, up 15.2% from 2024. This was driven by a record inflow in savings and retirement insurance. Despite an exceptional tax charge affecting profits, the net profit stood at €979 million, a 1.8% decrease from 2024. However, adjusted net profit was €1,104 million, marking a 10.8% increase.

Savings and retirement gross inflows surged to €10.9 billion, boosted by favorable market conditions in France. Property and casualty (P&C) and protection insurance premiums rose to €6.7 billion, a 5.8% growth attributable to portfolio expansion and necessary price adjustments due to inflation and climate change impacts.

Internationally, GACM expanded its products through Targobank’s network in Germany, marking a new step in its bancassurance model. GACM's reserves for future profits, reflected in the contractual service margin, increased by 20.3% to €8 billion in 2025.