Covéa Insurance plc returned a profit after tax of £72.4m in 2025, up from the £32.9m achieved the previous year. Its combined operating ratio was 91.6%, an improvement of 6.2 percentage points on the 97.8% achieved in 2024. The carrier generated gross written premium of £616.8m, down 3.9% on the £641.5m secured in 2024.

Covéa Insurance plc credited its increased profits to a significant improvement in its financial performance and operational efficiency. It said its improved COR reflected its disciplined underwriting and robust cost management.

Philippe Domart, chief executive (subject to regulatory approval) of Covéa Insurance plc, said: “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.”