{"id":28776,"date":"2026-09-30T14:10:35","date_gmt":"2026-09-30T14:10:35","guid":{"rendered":"https:\/\/www.asquarepartners.com\/?p=28776"},"modified":"2026-09-30T14:16:43","modified_gmt":"2026-09-30T14:16:43","slug":"resultats-s1-2026-partie2","status":"publish","type":"post","link":"https:\/\/www.asquarepartners.com\/en\/resultats-s1-2026-partie2\/","title":{"rendered":"R\u00e9sultats S1 2026\uff5cFrance (Partie 2)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"28776\" class=\"elementor elementor-28776\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-caeff9d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"caeff9d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a29bfb2\" data-id=\"a29bfb2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db03839 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"db03839\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-caeff9d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"caeff9d\" data-element_type=\"section\" data-e-type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a29bfb2\" data-id=\"a29bfb2\" data-element_type=\"column\" data-e-type=\"column\"><div class=\"elementor-widget-wrap elementor-element-populated\"><div class=\"elementor-element elementor-element-db03839 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"db03839\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><p>On vous r\u00e9sume les derniers r\u00e9sultats du march\u00e9 de l\u2019assurance en vous pr\u00e9sentant les chiffres cl\u00e9s publi\u00e9s.<\/p><ul><li><a href=\"#matmut\">Matmut<\/a><\/li><li><a href=\"#groupama\">Groupama<\/a><\/li><li><a href=\"#arkea\">Cr\u00e9dit Mutuel Ark\u00e9a<\/a><\/li><li><a href=\"#ccr\">CCR<\/a><\/li><li><a href=\"#swiss\">Swiss Life<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><\/div><\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a4039f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a4039f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-03e2371\" data-id=\"03e2371\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90a1b45 elementor-widget elementor-widget-spacer\" data-id=\"90a1b45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a577bb6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a577bb6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2b2a71b\" data-id=\"2b2a71b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d2e638b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d2e638b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d9cd36c\" data-id=\"d9cd36c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-efd2d41 elementor-widget elementor-widget-menu-anchor\" data-id=\"efd2d41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"matmut\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af79fe4 elementor-widget elementor-widget-heading\" data-id=\"af79fe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Un solide premier semestre 2026 qui conforte le plan strat\u00e9gique de Matmut\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d62d034 elementor-widget elementor-widget-text-editor\" data-id=\"d62d034\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/presse.matmut.fr\/communique\/229811\/Un-solide-premier-semestre-2026-qui-conforte-plan-strategique?cm=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec66a12 elementor-widget elementor-widget-text-editor\" data-id=\"ec66a12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Le Groupe Matmut publie un premier semestre 2026 solide, marqu\u00e9 par une forte progression de son activit\u00e9 et par la confirmation des objectifs financiers de son plan strat\u00e9gique \u00ab Objectif : Impact ! 2024-2026 \u00bb. Les primes acquises et la collecte \u00e9pargne atteignent 2,65 Md\u20ac, en hausse de 45,1% sur un an, principalement sous l\u2019effet de l\u2019int\u00e9gration de KOREGE. \u00c0 p\u00e9rim\u00e8tre comparable, la croissance ressort \u00e0 1,2%, malgr\u00e9 le recul de l\u2019activit\u00e9 sant\u00e9 li\u00e9 \u00e0 la perte du contrat MEFSIN de la Mg\u00e9fi.<\/span><\/p><p><span style=\"font-weight: 400;\">En assurance dommages, les primes acquises progressent de 4,5% \u00e0 1,2 Md\u20ac. L\u2019auto affiche une hausse de 4,3% \u00e0 762 M\u20ac, port\u00e9e \u00e0 la fois par la croissance du portefeuille et par les ajustements tarifaires destin\u00e9s \u00e0 absorber la hausse tendancielle du co\u00fbt des sinistres. L\u2019habitation enregistre une progression de 6,1% \u00e0 313 M\u20ac, soutenue notamment par une segmentation plus fine des risques. La sinistralit\u00e9 climatique reste toutefois un point d\u2019attention : le co\u00fbt des temp\u00eates, \u00e9pisodes de froid et de gr\u00eale du premier semestre d\u00e9passe d\u00e9j\u00e0 le niveau \u00e9lev\u00e9 observ\u00e9 un an plus t\u00f4t, tendance renforc\u00e9e par les \u00e9v\u00e9nements climatiques de l\u2019\u00e9t\u00e9.<\/span><\/p><p><span style=\"font-weight: 400;\">L\u2019activit\u00e9 sant\u00e9 \u00e9volue de mani\u00e8re contrast\u00e9e. La Mutuelle Ociane Matmut poursuit sa croissance, avec un chiffre d\u2019affaires en hausse de 8,6% et un portefeuille de contrats en progression de 4,4%. \u00c0 l\u2019\u00e9chelle du Groupe, l\u2019activit\u00e9 sant\u00e9 recule n\u00e9anmoins de 18,5% \u00e0 367 M\u20ac, principalement en raison de l\u2019arr\u00eat du contrat de protection sociale compl\u00e9mentaire du minist\u00e8re des Finances port\u00e9 par la Mg\u00e9fi. La fusion entre Ociane Matmut et la Mg\u00e9fi devrait entrer en phase op\u00e9rationnelle d\u00e9but 2027, sous r\u00e9serve de l\u2019accord de l\u2019ACPR.<\/span><\/p><p><span style=\"font-weight: 400;\">L\u2019\u00e9pargne et la pr\u00e9voyance connaissent une forte acc\u00e9l\u00e9ration, avec un chiffre d\u2019affaires proche de 1,08 Md\u20ac, soit pr\u00e8s de quatre fois le niveau du premier semestre 2025. Cette progression refl\u00e8te principalement l\u2019int\u00e9gration de KOREGE, mais aussi la bonne dynamique de Matmut Vie, dont la collecte brute progresse \u00e0 244 M\u20ac pour une collecte nette de 205 M\u20ac. Les encours d\u2019\u00e9pargne g\u00e9r\u00e9s atteignent 24,1 Md\u20ac, en hausse de 6,2%. L\u2019activit\u00e9 pr\u00e9voyance de Mutlog affiche \u00e9galement une croissance \u00e0 deux chiffres.<\/span><\/p><p><span style=\"font-weight: 400;\">Sur le plan financier, Matmut poursuit une strat\u00e9gie de relution du taux de rendement actuariel de ses actifs en augmentant ses investissements obligataires offrant des rendements sup\u00e9rieurs \u00e0 4%, notamment sur des \u00e9missions souveraines fran\u00e7aises. Les actifs non cot\u00e9s repr\u00e9sentent 7% du portefeuille total, avec une forte diversification et une exposition \u00e0 la dette priv\u00e9e concentr\u00e9e \u00e0 95% en Europe.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ec1e562\" data-id=\"ec1e562\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59363bc elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"59363bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"465\" height=\"110\" src=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2024\/04\/Capture-decran-2024-04-24-a-12.35.07.png\" class=\"attachment-large size-large wp-image-17678\" alt=\"\" srcset=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2024\/04\/Capture-decran-2024-04-24-a-12.35.07.png 465w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2024\/04\/Capture-decran-2024-04-24-a-12.35.07-300x71.png 300w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2024\/04\/Capture-decran-2024-04-24-a-12.35.07-450x106.png 450w\" sizes=\"(max-width: 465px) 100vw, 465px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a2a63 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"23a2a63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c8a51b1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c8a51b1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c06fb92\" data-id=\"c06fb92\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b2c3cb7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2c3cb7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a5033c2\" data-id=\"a5033c2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d01152 elementor-widget elementor-widget-menu-anchor\" data-id=\"2d01152\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"groupama\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e6249e elementor-widget elementor-widget-heading\" data-id=\"0e6249e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Groupama publie des r\u00e9sultats tr\u00e8s satisfaisants avec un r\u00e9sultat net de 560 millions d\u2019euros<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0e7b0d elementor-widget elementor-widget-text-editor\" data-id=\"c0e7b0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/presse.groupama.com\/actualites\/le-groupe-groupama-annonce-ses-resultats-financiers-semestriels-2026-468ac-55f34.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60ebc95 elementor-widget elementor-widget-text-editor\" data-id=\"60ebc95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qMYqUG_convSearchResultHighlightRoot\"><div class=\"\" data-turn-id-container=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-21\" data-is-intersecting=\"true\"><section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-21\" data-turn-id-container=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-21\" data-testid=\"conversation-turn-74\" data-scroll-anchor=\"false\" data-turn=\"assistant\"><div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\"><div class=\"flex max-w-full flex-col gap-4 grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"c75a68e8-7bcb-4d30-8141-752856ce5faa\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\"><div class=\"flex w-full flex-col gap-1 empty:hidden\"><div class=\"markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling\"><p><span style=\"font-weight: 400;\">Le groupe Groupama publie un premier semestre 2026 en forte progression, avec un chiffre d\u2019affaires de 14,0 Md\u20ac, en hausse de 8,7%. La croissance est port\u00e9e par l\u2019ensemble des m\u00e9tiers, notamment l\u2019\u00e9pargne-retraite (+23,5%), devant la sant\u00e9-pr\u00e9voyance (+6,9%) et l\u2019assurance de biens et responsabilit\u00e9 (+5,6%). En France, l\u2019activit\u00e9 progresse de 8,8%, tandis que les filiales internationales enregistrent une croissance de 8,1%.<\/span><\/p><p><span style=\"font-weight: 400;\">La performance technique s\u2019am\u00e9liore \u00e9galement. Le r\u00e9sultat op\u00e9rationnel \u00e9conomique atteint 634 M\u20ac, en hausse de 26%, et le r\u00e9sultat net s\u2019\u00e9tablit \u00e0 560 M\u20ac. Le ratio combin\u00e9 non-vie s\u2019am\u00e9liore de 0,8 point \u00e0 93,3%, dont 92,5% en assurance de biens et responsabilit\u00e9 et 94,6% en sant\u00e9-pr\u00e9voyance. La sinistralit\u00e9 climatique repr\u00e9sente 529 M\u20ac avant r\u00e9assurance sur le semestre.<\/span><\/p><p><span style=\"font-weight: 400;\">En \u00e9pargne-retraite, l\u2019activit\u00e9 fran\u00e7aise progresse de 29,3%, avec une collecte nette en \u00e9pargne individuelle proche de 500 M\u20ac, contre 96 M\u20ac un an plus t\u00f4t. La marge de service contractuelle (CSM) atteint par ailleurs 4,8 Md\u20ac, en hausse de 385 M\u20ac depuis fin 2025.<\/span><\/p><p><span style=\"font-weight: 400;\">La solidit\u00e9 financi\u00e8re du Groupe se renforce, avec 13,4 Md\u20ac de fonds propres et un ratio de solvabilit\u00e9 de 240% hors mesure transitoire, en hausse de 18 points depuis fin 2025. Groupama souligne toutefois que les r\u00e9sultats du premier semestre n\u2019int\u00e8grent pas les nombreux \u00e9v\u00e9nements climatiques intervenus depuis fin juin, notamment les \u00e9pisodes de gr\u00eale, incendies et s\u00e9cheresse, dont l\u2019impact sera enregistr\u00e9 au second semestre.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e90c693\" data-id=\"e90c693\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d296a0 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"5d296a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"2500\" height=\"712\" src=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390.jpg\" class=\"attachment-full size-full wp-image-16025\" alt=\"\" srcset=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390.jpg 2500w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-300x85.jpg 300w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-1030x293.jpg 1030w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-768x219.jpg 768w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-1536x437.jpg 1536w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-2048x583.jpg 2048w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-1500x427.jpg 1500w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-705x201.jpg 705w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/07\/logo-groupama-e1690968162390-450x128.jpg 450w\" sizes=\"(max-width: 2500px) 100vw, 2500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c41118e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c41118e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3905f27\" data-id=\"3905f27\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8772429 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8772429\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3fd480a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fd480a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5c7c986\" data-id=\"5c7c986\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-51f1303 elementor-widget elementor-widget-menu-anchor\" data-id=\"51f1303\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"arkea\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-576fba1 elementor-widget elementor-widget-heading\" data-id=\"576fba1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Port\u00e9 par la croissance de ses revenus, Cr\u00e9dit Mutuel Ark\u00e9a r\u00e9alise un r\u00e9sultat en hausse de + 17,1 % sur les six premiers mois de l\u2019ann\u00e9e 2026 <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1ba7c8 elementor-widget elementor-widget-text-editor\" data-id=\"b1ba7c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.cm-arkea.com\/arkea\/banque\/upload\/docs\/application\/pdf\/2026-09\/communique_de_presse_-_resultats_semestriels_2026_du_credit_mutuel_arkea_2026-09-07_08-18-44_568.pdf\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29d7119 elementor-widget elementor-widget-text-editor\" data-id=\"29d7119\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qMYqUG_convSearchResultHighlightRoot\"><div class=\"\" data-turn-id-container=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-22\" data-is-intersecting=\"true\"><section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-22\" data-turn-id-container=\"request-6a1e78a5-f51c-8397-8831-ecc80572e26d-22\" data-testid=\"conversation-turn-76\" data-scroll-anchor=\"false\" data-turn=\"assistant\"><div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\"><div class=\"flex max-w-full flex-col gap-4 grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"d8cfe906-7568-47d6-8790-0ec63a1f107a\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\"><div class=\"flex w-full flex-col gap-1 empty:hidden\"><div class=\"markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling\"><p><span style=\"font-weight: 400;\">Cr\u00e9dit Mutuel Ark\u00e9a publie un premier semestre 2026 en nette progression, avec des revenus de 1,34 Md\u20ac, en hausse de 16,5%, et un r\u00e9sultat net part du Groupe de 230 M\u20ac, en croissance de 17,1%. Le r\u00e9sultat brut d\u2019exploitation atteint 461 M\u20ac, soit +26,8%, tandis que le coefficient d\u2019exploitation s\u2019am\u00e9liore de 2,8 points \u00e0 65,6%.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">La dynamique commerciale reste soutenue : les encours d\u2019\u00e9pargne atteignent un niveau record de 203,8 Md\u20ac, avec une collecte nette de 4,7 Md\u20ac sur le semestre, dont 1,6 Md\u20ac en \u00e9pargne assurance. Les primes d\u2019assurance acquises en portefeuille s\u2019\u00e9tablissent \u00e0 282 M\u20ac, tandis que les revenus d\u2019assurance progressent de 13,1% \u00e0 281 M\u20ac, port\u00e9s par une baisse de la sinistralit\u00e9 en assurances de biens et de personnes.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Le principal point de vigilance concerne le co\u00fbt du risque, qui augmente \u00e0 137 M\u20ac, soit +56,9%, dans un contexte de d\u00e9faillances d\u2019entreprises plus \u00e9lev\u00e9es et de sc\u00e9narios \u00e9conomiques plus s\u00e9v\u00e8res. Le taux de cr\u00e9ances non performantes reste n\u00e9anmoins contenu \u00e0 2,03%.<\/span><\/p><p><span style=\"font-weight: 400;\">La structure financi\u00e8re demeure solide, avec un ratio CET1 de 18,1% et un ratio global de solvabilit\u00e9 de 22%, tous deux nettement sup\u00e9rieurs aux exigences r\u00e9glementaires. Les fonds propres prudentiels progressent de 11,6% \u00e0 11,2 Md\u20ac.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Pour un lectorat actuariel, les \u00e9l\u00e9ments \u00e0 retenir sont donc surtout la hausse des revenus d\u2019assurance, l\u2019am\u00e9lioration de la sinistralit\u00e9 au premier semestre, la forte collecte en \u00e9pargne assurance et, en parall\u00e8le, la hausse marqu\u00e9e du co\u00fbt du risque sur le p\u00e9rim\u00e8tre bancaire.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3ce0580\" data-id=\"3ce0580\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81a078e elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"81a078e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"308\" src=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel-1030x396.jpg\" class=\"attachment-large size-large wp-image-28778\" alt=\"\" srcset=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel-1030x396.jpg 1030w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel-300x115.jpg 300w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel-768x295.jpg 768w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel-18x7.jpg 18w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2026\/09\/Arkea-creadit-mutuel.jpg 1300w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5c8a76e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5c8a76e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-147327c\" data-id=\"147327c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-443dfa9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"443dfa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4b1e76b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b1e76b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d8344ca\" data-id=\"d8344ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3762813 elementor-widget elementor-widget-menu-anchor\" data-id=\"3762813\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"ccr\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44c1dea elementor-widget elementor-widget-heading\" data-id=\"44c1dea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Une augmentation de 200M\u20ac du chiffre d\u2019affaires port\u00e9 par la revalorisation de la surprime Cat Nat. <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b92ad95 elementor-widget elementor-widget-text-editor\" data-id=\"b92ad95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.ccr.fr\/resultats-du-1er-semestre-2026\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e80f04 elementor-widget elementor-widget-text-editor\" data-id=\"5e80f04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">CCR publie un premier semestre 2026 marqu\u00e9 par une forte hausse de l\u2019activit\u00e9, mais aussi par les premiers effets d\u2019une s\u00e9cheresse d\u2019une ampleur exceptionnelle. Le chiffre d\u2019affaires atteint 2,08 Md\u20ac, en progression de 10,7%, principalement gr\u00e2ce \u00e0 la revalorisation de la surprime Cat Nat entr\u00e9e en vigueur en 2025. L\u2019activit\u00e9 reste tr\u00e8s largement concentr\u00e9e sur les catastrophes naturelles, qui repr\u00e9sentent 95,1% des primes.<\/span><\/p><p><span style=\"font-weight: 400;\">La sinistralit\u00e9 du semestre s\u2019\u00e9l\u00e8ve \u00e0 731 M\u20ac, fortement affect\u00e9e par le retrait-gonflement des argiles (RGA). Face \u00e0 une s\u00e9cheresse plus pr\u00e9coce et plus s\u00e9v\u00e8re qu\u2019en 2022 \u00e0 la m\u00eame p\u00e9riode, CCR a d\u00e9j\u00e0 constitu\u00e9 une provision de 500 M\u20ac pour ce p\u00e9ril. Les inondations li\u00e9es aux \u00e9v\u00e9nements Nils et Pedro repr\u00e9sentent par ailleurs 178 M\u20ac de dommages pour CCR.<\/span><\/p><p><span style=\"font-weight: 400;\">Le r\u00e9sultat net atteint 143 M\u20ac \u00e0 fin juin 2026. Le r\u00e9sultat technique recule \u00e0 27 M\u20ac, contre 61 M\u20ac un an plus t\u00f4t, sous l\u2019effet de la hausse de la sinistralit\u00e9. Cette baisse est partiellement compens\u00e9e par un r\u00e9sultat financier en progression \u00e0 159 M\u20ac, soutenu par un environnement de taux favorable et la structure du portefeuille obligataire.<\/span><\/p><p><span style=\"font-weight: 400;\">Le principal point d\u2019attention pour la suite de l\u2019ann\u00e9e concerne donc la s\u00e9cheresse 2026, qualifi\u00e9e d\u2019historique par son intensit\u00e9 et sa dur\u00e9e. Son impact final sur la sinistralit\u00e9 RGA reste encore incertain et ne pourra \u00eatre estim\u00e9 plus pr\u00e9cis\u00e9ment qu\u2019\u00e0 partir de novembre.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fee8282\" data-id=\"fee8282\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aaedc58 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"aaedc58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"196\" height=\"157\" src=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/06\/ccr-e1687512546216.png\" class=\"attachment-large size-large wp-image-15688\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d1d124e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d1d124e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c198ef5\" data-id=\"c198ef5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4481d7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b4481d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2ff3f47 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ff3f47\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ffc39cf\" data-id=\"ffc39cf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4b6e29 elementor-widget elementor-widget-menu-anchor\" data-id=\"b4b6e29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"swiss\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41d1491 elementor-widget elementor-widget-heading\" data-id=\"41d1491\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Un premier semestre qui affiche une performance solide, confirmant les ambitions strat\u00e9giques<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-756c40a elementor-widget elementor-widget-text-editor\" data-id=\"756c40a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.swisslife.fr\/swiss-life-en-france\/espace-presse\/swisslife-france-resultats-semestriels-2026.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1601ed elementor-widget elementor-widget-text-editor\" data-id=\"e1601ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Swiss Life France publie un premier semestre 2026 solide, avec un chiffre d\u2019affaires consolid\u00e9 de 4,05 Md\u20ac, globalement stable par rapport \u00e0 2025. L\u2019assurance vie reste le principal moteur de l\u2019activit\u00e9, avec 2,79 Md\u20ac de primes (+1%), une collecte nette de 1,2 Md\u20ac enti\u00e8rement orient\u00e9e vers les unit\u00e9s de compte, et des encours vie en hausse de 4% \u00e0 46,7 Md\u20ac. La part des unit\u00e9s de compte atteint 73% du chiffre d\u2019affaires, contre 65% un an plus t\u00f4t.<\/span><\/p><p><span style=\"font-weight: 400;\">La Marge de Service Contractuelle (CSM) en assurance vie progresse de 5% par rapport \u00e0 fin 2025 pour atteindre 4,08 Md\u20ac, soutenue par la qualit\u00e9 de la production et un environnement financier favorable. Le r\u00e9sultat op\u00e9rationnel s\u2019\u00e9tablit \u00e0 228 M\u20ac, en hausse de 9%, gr\u00e2ce notamment \u00e0 la progression des activit\u00e9s de frais et commissions et \u00e0 l\u2019am\u00e9lioration de la sinistralit\u00e9 en pr\u00e9voyance.<\/span><\/p><p><span style=\"font-weight: 400;\">En sant\u00e9-pr\u00e9voyance, le chiffre d\u2019affaires recule l\u00e9g\u00e8rement de 2% \u00e0 1,03 Md\u20ac, principalement en raison de r\u00e9siliations sur certains contrats sur mesure. Le ratio combin\u00e9 s\u2019am\u00e9liore toutefois \u00e0 96,6% en non actualis\u00e9, contre 98,5% un an plus t\u00f4t, gr\u00e2ce \u00e0 une meilleure profitabilit\u00e9 en pr\u00e9voyance malgr\u00e9 une pression persistante sur la sant\u00e9.<\/span><\/p><p><span style=\"font-weight: 400;\">En dommage, le chiffre d\u2019affaires reste stable \u00e0 229 M\u20ac, mais la rentabilit\u00e9 se d\u00e9grade sous l\u2019effet des \u00e9v\u00e9nements climatiques et de la hausse des sinistres lourds. Le ratio combin\u00e9 atteint 106,6% en non actualis\u00e9, contre 102,6% au premier semestre 2025. Swiss Life anticipe par ailleurs un second semestre encore p\u00e9nalis\u00e9 par les temp\u00eates, la s\u00e9cheresse et les feux de for\u00eat.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-36c72df\" data-id=\"36c72df\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8eacfb1 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"8eacfb1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"451\" height=\"112\" src=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/06\/Swiss-Life-France-logo.png\" class=\"attachment-large size-large wp-image-15652\" alt=\"\" srcset=\"https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/06\/Swiss-Life-France-logo.png 451w, https:\/\/www.asquarepartners.com\/wp-content\/uploads\/2023\/06\/Swiss-Life-France-logo-300x75.png 300w\" sizes=\"(max-width: 451px) 100vw, 451px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>On vous r\u00e9sume les derniers r\u00e9sultats du march\u00e9 de l&#8217;assurance en vous pr\u00e9sentant les chiffres cl\u00e9s.<\/p>\n","protected":false},"author":1,"featured_media":25561,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[751],"tags":[718],"class_list":["post-28776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fr","tag-restez-au-courant"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>R\u00e9sultats S1 2026\uff5cFrance (Partie 2) - Asquarepartners.com<\/title>\n<meta name=\"description\" content=\"On vous pr\u00e9sente les derniers chiffres cl\u00e9s des grands acteurs du march\u00e9 des banques et de l&#039;assurance en France. 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