Covea 2020 group net profit halves to EUR415mn
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Covea 2020 group net profit halves to EUR415mn

Covea_insurance_logo_paris_2021.png

Covea has reported group net profit for 2020 of EUR415mn ($497mn), less than half that of 2019, as it grappled with the cost of Covid-19.

The French mutual, which is engaged in a long-running legal dispute with former acquisition target Scor, said earned premiums fell 4.5%

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