The latest update from Covea for you;
Covéa Insurance plc announces its financial results for 2025, reporting gross written premiums of £616.8m, profit after tax of £72.4m, and a combined operating ratio of 91.6% in 2025.
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2025
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2024
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Gross written premium
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£616.8m
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£641.5m
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Profit / (Loss) after tax
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£72.4m
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£32.9m
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Combined operating ratio [1]
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91.6%
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97.8%
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- Stable Core Written Premium of £598.5m (£598.3m in 2024 excl. Non Core business), maintaining year on year growth in a soft market demonstrating continued market strength.
- Profit after Tax more than doubled to £72.4m, highlighting significant improvement in financial performance and operational efficiency.
- COR improved to 91.6%, reflecting disciplined underwriting and strong cost management.
Speaking about the results, Covéa Insurance Chief Executive (subject to regulatory approval), Philippe Domart said:
“2025 was an excellent year for Covéa Insurance, not only in terms of financial performance but in the strength and confidence of the organisation. Building on a profitable 2024, the strong performance in 2025 validates the business strategy, proves the resilience of the organisation and its ability to execute well, with discipline and pace. The teams can rightly feel proud of their collective achievements, energised for the future, driven to deliver best-in-class service to our brokers and clients and continue to earn their trust amid a demanding and evolving market.”
Chris Moat, Chairman of the Board of Directors, added:
“This performance reflects a business that is operating with greater financial discipline and balance sheet strength. Our capital position remains robust, underwriting performance has continued to improve, and we are benefiting from a more stable and resilient operating model. This places us in a strong position to support brokers consistently and sustainably over the long term.”
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