CGNU plc and the MMA / MAAF group announce that CGU France (which already has a partnership with MAAF in small and medium commercial insurance) and these French insurance mutuals, which are headed by Jean- Claude Seys, are currently in preliminary discussions to establish the basis of a new partnership in the French insurance market.
CGNU plc and the MMA / MAAF group announce that CGU France (which already has a partnership with MAAF in small and medium commercial insurance) and these French insurance mutuals, which are headed by Jean-Claude Seys, are currently in preliminary discussions to establish the basis of a new partnership in the French insurance market.
The partnership would reinforce the position of the MA/MAAF group in the area of general insurance and the position of CGU France in life insurance and asset management.
Enquiries:
Analysts/Investors:
James Matthews, Head of Investor Relations
+44 (0)20 7662 2137
Media:
Hayley Stimpson, Director of External Affairs
+44 (0)20 7662 7544
Alex Child-Villiers, Financial Dynamics
+44 (0)20 7269 7107
Notes to Editors
* CGNU is the world's sixth-largest insurance group and the largest insurer in the UK. It has worldwide premium and investment sales from ongoing business of Ł27 billion and more than Ł210 billion in assets under management.
* The most recent financial reports are available on the Group's website, www.cgnu-group.com