The net profit for the year 2020 stands at 3.164 billion EUR (3.88 billion USD), an 18% decrease from the 3.857 billion EUR (4.319 billion USD) recorded at the end of December 2019.
The operating profit fell by 34% totaling 4.264 billion EUR (5.23 billion USD). Business interruption losses and event cancellations caused by the pandemic are estimated at 1.5 billion EUR (1.8 billion USD) in 2020.
Despite a challenging economic environment, the French insurer has a solvency ratio of 200%, above market expectations. This ratio was 180% as at 30 September 2020.
A 1.43 EUR (1.75 USD) dividend per share is being proposed at the annual shareholders' meeting on 29 April 2021.
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