A strong and dynamic mutual insurance group, Covéa is a leading name in insurance and reinsurance. Through its three brands, MAAF, MMA and GMF, it is the French leader in motor and home insurance(1), while PartnerRe ranks among the world's leading reinsurers(2). With 25,000 employees across France and worldwide, Covéa protects 11.1 million customers and members in France and plays a key role in supporting local economies and communities.

The Group’s sound solvency position and consistent earnings generation demonstrate its financial strength, recognised by leading rating agencies.

Thierry Derez, Chair of the Board of Directors of Covéa

“Despite a fiercely competitive environment, Covéa delivered strong results once again in 2025, demonstrating that we have made the right strategic choices and attesting to the solidity of our model.” 

The Group's financial strength is also recognised by a number of other leading agencies, including Moody's and Standard & Poor's.

Aa3
Stable outlook
Moody's(1)

A+ (Superior)
Stable outlook
A.M. Best (Last updated: 02/13/2026) (2)

A+
Stable outlook
S&P Global Ratings (Last updated: 10/24/2025) (2)

(1) Moody’s et A.M. Best, rated entities: Covéa Coopérations, PartnerRe.
(2) S&P Global Ratings, rated entities: Covéa Coopérations, MMA IARD SA, MMA Vie, MAAF Vie, GMF Vie, Covéa Insurance, Covéa Life, PartnerRe.
 

Find out more about Covéa's financial rating

Covéa’s governance model combines simplicity and efficiency. Strategy is defined at Group level and deployed through its brands, MAAF, MMA, GMF and PartnerRe, which are responsible for delivering operational performance and driving the Group’s success.

Thierry Derez is Chair of the Board of Directors and Maud Petit Chief Executive Officer.

Learn more about Covéa's governance

Covéa places environmental, social and governance (ESG) issues at the heart of its business activities.

As an insurer, the Group develops responsible insurance solutions, strengthens risk prevention initiatives and deploys sustainable repair solutions to help reduce the impact of claims.

As a company, Covéa is committed to managing the environmental footprint of its operations through a low-carbon trajectory and the development of responsible practices. This approach notably covers energy management, mobility, the circular economy, biodiversity and responsible procurement.

As an investor, Covéa integrates ESG criteria into its investment decisions and mobilises its investments to support the energy transition and contribute to economic transformation.

People are at the heart of Covéa’s model. The Group fosters a working environment built on quality of life at work, equal opportunities and inclusion. Its Diversity, Equity and Inclusion policy helps strengthen employee engagement and fulfilment while supporting collective performance.

“Our Sustainable Impact”, Covéa’s 2026-2028 sustainability strategy, is structured around four priorities: decarbonisation, sustainable repair, climate risk prevention, and diversity, equity and inclusion.

At Covéa, we are committed to supporting everyone on the path towards sustainable growth. And every day, we strive to provide tangible proof of that commitment.

At Covéa, we strive to accompany everyone towards a world of sustainable growth. And every day, we make sure we bring you proof of this.

Find out more about the Group's CSR policy

(1) Position at 31 December 2024, France Assureur database (motor - including corporate fleets) and Argus de l’assurance data (comprehensive home insurance) (2) Source: S&P Global Ratings’ Top 40 Global Reinsurers In 2025 And Reinsurers By Country, Septembre 2025