France insurance market

EUR 43.6Md (2024, groupe consolidé mondial)

AXA France is the French subsidiary of the AXA Group, one of the world's largest insurance and asset management companies. It offers a comprehensive range of insurance, savings, retirement, and banking products to individuals and businesses across France, serving more than 6.3 million clients through a network of over 8,300 agents and advisors.

EUR 110Md (2024, groupe mondial AXA)

CNP Assurances is a leading personal and property insurer in France, Europe and Brazil. A wholly-owned subsidiary of La Banque Postale, it designs and distributes life insurance, savings, retirement, health, personal risk, loan insurance and property & casualty products through a broad network of banking and institutional partners.

EUR 37.4Md (2024, groupe consolidé mondial, chiffre d'affaires non-GAAP)

BNP Paribas Cardif is the insurance subsidiary of the BNP Paribas Group, created in 1973 and headquartered in Nanterre, France. It is a world leader in creditor insurance and a major global specialist in personal insurance, operating in over 30 countries across Europe, Asia and Latin America, with more than 80 million insured clients. In France, it is marketed under the brand Cardif and offers a wide range of savings, retirement, and protection products distributed through wealth management advisors, brokers, and banking partners.

EUR 36.4Md (2024, groupe consolidé mondial)

Generali France is the French subsidiary of the Italian Assicurazioni Generali group, one of the world's leading insurance and financial services groups. Established in France since 1832 — its oldest foreign presence — it offers a comprehensive range of insurance solutions (health, personal protection, property and liability, motor, savings and asset management) to over 8 million individual, professional and corporate clients through a network of over 800 agencies and intermediaries.

EUR 95.2Md (2024, groupe mondial Generali)

Covéa is France's leading mutual insurance group (SGAM) and a European leader in insurance and reinsurance. It operates through its three main brands MAAF, MMA and GMF for individuals, public-sector employees, small business owners and companies in France, and globally via reinsurer PartnerRe.

EUR 27.7Md (2024, groupe combiné)

Groupama is a leading French mutual insurance group, founded in 1900 for agricultural mutual insurance and progressively opened to all individuals, professionals, and businesses. It operates through a network of regional mutual funds and over 2,300 agencies across France, offering a comprehensive range of property, health, life, travel, and financial insurance products.

EUR 18.5Md (2024, groupe combiné)

BPCE Assurances is the insurance division of Groupe BPCE (Banque Populaire Caisse d'Epargne), France's 2nd largest banking group, designing and managing life and non-life insurance products distributed through the Banque Populaire and Caisse d'Epargne retail networks.

EUR 18.8Md (2024, primes acquises pôle assurances BPCE)

Aéma Groupe is a French mutual insurance group (SGAM) formed from the merger of Macif and Aésio Mutuelle, later joined by Abeille Assurances (formerly Aviva France) and the asset manager Ofi Invest.

EUR 16.1Md (2024, groupe combiné)

Assurances du Crédit Mutuel (ACM) is the insurance arm of the Crédit Mutuel banking group, created in 1970 as the group's first major diversification into bancassurance, offering property, personal, health, life and savings/retirement insurance to individuals, professionals and businesses through the Crédit Mutuel and CIC bank networks.

EUR 15.2Md (2024, chiffre d'affaires combiné à périmètre constant)

Allianz France is a French insurance company, historically known as AGF (Assurances Générales de France) until 2009, and is a subsidiary of the German group Allianz.

EUR 179.8Md (2024, groupe mondial Allianz)

Malakoff Humanis is a French non-profit, joint (paritarian) and mutualist social protection group born on 1 January 2019 from the merger of Malakoff Médéric and Humanis. It operates in health, personal risk (prévoyance), savings and supplementary pension protection for companies and individuals, and is a key manager of the Agirc-Arrco supplementary pension scheme.

EUR 7.52Md (2024, activité assurance)

Swiss Life France is a leading provider of insurance and wealth management, present in France since 1898, offering life insurance, private banking, financial engineering, health, personal protection (death and disability) and property and casualty insurance to individuals, self-employed professionals and companies.

EUR 7.774Md (2024, France uniquement)

MAIF is a French mutual insurance company founded in 1934 and headquartered in Niort, Deux-Sèvres, governed by the French Insurance Code, which traditionally served teachers and since 2021 has opened its offer to all employees and companies.

EUR 5.0Md (2024, groupe MAIF)

Matmut is a French mutual insurance group headquartered in Rouen, founded in 1961 by Paul Bennetot to offer motor insurance to private-sector employees; it now offers a full range of personal and business insurance and savings products.

EUR 3.2Md (2024, primes acquises SGAM Matmut)

Chubb European Group SE (CEG) is the French-domiciled European insurance entity of the Chubb group, headquartered at La Tour Carpe Diem in Courbevoie. It relocated its EU headquarters from London to France in 2019 as part of Brexit preparations, and provides commercial and personal property & casualty, accident, health and life insurance across the EEA.

EUR 7.116Md (2024, Chubb European Group SE, primes brutes émises)

Founded in France in 1963, Europ Assistance is the pioneer of personal assistance and travel insurance, operating in over 200 countries through a network of 750,000 approved partners and 57 assistance centres, covering travel, health, home, automotive and senior care services; it is a wholly-owned subsidiary of the Generali Group and in 2026 began rebranding internationally as "Redion".

Abeille Assurances is a major French insurance company born in 1856 as L'Abeille Bourguignonne, later known as CGU, CGNU and Aviva France, before reverting to its historic name in 2021 after being acquired by the French mutualist group Aéma Groupe (Macif/AÉSIO). It offers a wide range of insurance, protection, savings and retirement products to individuals, farmers, professionals and businesses through a network of general agents.

Acheel is a fully digital French insurtech, founded in Paris in March 2020 by Francky Défossé and Ralph Ruimy, offering online home, auto, health and pet insurance as well as loan protection, school, legal protection and professional liability products.

L'olivier Assurance is a 100% online insurer offering car and home insurance in France, launched in 2010/2011 as a brand of Admiral Group, a British direct insurance specialist listed on the London Stock Exchange. It is distributed via Admiral Intermediary Services SA (a Spanish-registered broker) and underwritten by Admiral Europe Compania de Seguros, with customer service teams based in the Lille area (Marcq-en-Barœul).

Eurofil is a French direct insurance brand <cite index="2-1,2-2">created in 1990, which pioneered direct insurance in France and grew to over 200,000 customers</cite>. <cite index="1-2,1-3">With more than 35 years of experience, Eurofil is one of the leaders of online car insurance in France, served by 350 remote customer relations experts.</cite> <cite index="49-1,49-4">Since 1 January 2026 Eurofil has joined Allianz Direct, the 100% digital subsidiary of the Allianz group, and the insurer now operates as Allianz Direct Versicherungs acting through its French branch.</cite>

Altima Assurances is a 100%-owned subsidiary of the MAIF group, active in France since 2000, specialised in non-life insurance (motor, home, pet, travel) and known as an innovation lab for MAIF, working mainly in B2B2C/white-label partnerships with car manufacturers, brokers, real-estate players and mutual insurers.

Aréas Assurances is an independent, shareholder-free mutual insurance group in France, whose oldest constituent company was founded in 1825; it represents the 7th largest network of general insurance agents in France with close to 500 points of sale, offering personal and business insurance, savings and pension solutions.

AGPM is a French mutual insurance group founded in 1951 to serve the military and Defense and Security community, offering insurance for people (health, personal protection), property (auto, home) and savings/retirement products; it opened to the general public in 1998.

Direct Assurance is the commercial brand of Avanssur, a 100%-owned subsidiary of the AXA Group, created in 1992 as a pioneer of direct (phone and internet) car insurance in France, later expanding into home, motorcycle and health insurance.

Allianz Voyage (commercial brand Allianz Travel) is the French travel insurance and assistance business operated by AWP France SAS / AWP P&C, part of Allianz Partners, itself a subsidiary of German insurer Allianz SE. It traces its roots to Mondial Assistance, ELVIA and other assistance companies that merged in 2007 under the Mondial Assistance brand before being rebranded Allianz Worldwide Partners and later Allianz Travel.

Carrefour Assurance is the insurance brand of the Carrefour retail group in France, operated mainly through CARMA and CARMA VIE, insurance companies created respectively in 1991 and 1999/2000 with historical capital participation from MMA (Covéa).

IMAWAY is a travel insurance brand launched in France in June 2026 by Groupe IMA, a French assistance company historically owned by mutual insurers (MAIF, MACIF, Matmut, etc.).

SMABTP is a French mutual insurer founded in 1859 by the Parisian masonry trade union, historically specialized in ten-year (decennial) liability and construction-related risks. Anchored in the construction industry for over 165 years, it now offers property, liability, motor, life, health and savings products to construction professionals, businesses and individuals, and is a member of the SGAM BTP group alongside SMAvie BTP, L'Auxiliaire and CAM BTP.

Mutuelle de Poitiers Assurances is an independent French mutual insurance company founded in 1838, headquartered in Ligugé (Vienne). It designs, markets and manages Auto, Home, Health, Personal Accident, Multi-Mobility and Provident/Life products for individuals and professionals through a network of exclusive general agents with more than 300 points of sale.

MGEN is a French mutual insurance organization historically dedicated to civil servants of the National Education, Higher Education, Research, Culture, Youth and Sports ministries, now offering health, provident, dependency and other insurance products to the wider public; it is a founding member of Groupe VYV, France's leading mutual insurance group.

Otherwise was launched in 2016/2017 in Paris as France's first collaborative (peer-to-peer) insurance broker, offering pooled-premium contracts with a partial cash-back of unused contributions.

SafetyWing is a US insurtech company, founded by Norwegian entrepreneurs, that sells global travel medical and health insurance subscriptions for digital nomads, remote workers and remote companies, including customers residing in or returning to France.

Société Générale is a French multinational banking and financial services group founded in 1864. Through an integrated bancassurance model, it distributes a full range of insurance products in France - life, savings, health, protection and property & casualty - via its insurance subsidiaries Sogécap (life insurance), Sogessur (property & casualty) and Antarius, marketed to Société Générale's retail and private banking customers under the commercial brand Société Générale Assurances.

Suravenir Assurances is the non-life (property and personal) insurance subsidiary of the Crédit Mutuel Arkéa banking group, specializing in auto, home, health, legal protection and personal protection insurance for individuals in France.

Thélem assurances is a French mutual insurance company headquartered in Chécy (Loiret), one of the oldest insurance companies in France, founded in 1820. It designs, markets and manages insurance products covering the family (health, personal accident, life protection, loan insurance), property (home, auto, motorbike, agricultural and professional buildings) and liability (personal and professional), distributed through a network of general agents, brokers and the internet.

World Nomads is an Australian travel insurance and lifestyle brand launched in 2002, offering online travel insurance, safety advice and adventure activity cover to travelers worldwide; it does not underwrite policies itself but distributes products underwritten by licensed insurers in each market.