Search

The Covéa Foundation provides financial support on a lasting basis for a number of partner organisations to help them to further their efforts, gain a better understanding of what they do and enable them to measure their impact within society.

The Group’s solvency and its ability to generate stable results demonstrate its financial strength, which is recognised by the large credit rating agencies.

Covéa was France’s first mutual insurance group company (SGAM), and has celebrated its 20th anniversary in 2023. Currently one of Europe’s leading names in property and casualty insurance and reinsurance, the Group has evolved out of the two-hundred-year history of its founding mutual societies.

We have formalised our strategic orientations in a plan that focuses on three priorities: to strengthen our leadership, to adapt our operating methods to new uses, and to remain committed to our teams, our policyholders and society.

As a mutual insurance group, Covéa stands out from anonymous insurers by perpetuating a model which has underpinned the history of the Group since it started out over 200 years ago.

Operational governance is ensured by the executive management, whose decision-making procedure is fuelled by the Group Management Committee. Members of the executive management are appointed by the Board of Directors.

French market leader in property and casualty insurance and the world’s 10th-largest reinsurer, Covéa is a leading name in European insurance. The Group benefits from a very robust financial position, with a wide and balanced range of activities.

A mutual insurance group, Covéa aims to bolster the long-term success and growth of its affiliated entities and their subsidiaries.