Groupe Matmut has acquired HSBC Assurances Vie (France) to enhance its growth and diversification in the French insurance market.

Information on the Target

The Groupe Matmut is a mutual insurance group committed to promoting equality of opportunities, particularly for individuals with disabilities. The organization prioritizes making sports accessible to everyone, regardless of abilities or backgrounds, and is dedicated to combating sedentary lifestyles as a core aspect of health and well-being initiatives. Matmut emphasizes its commitment to a circular economy and sustainable development, with a historical role in facilitating access to healthcare for all.

The essence of the insurance business at Matmut is prevention, which serves as a strategic priority across all operations. The company is focused on creating innovative and effective insurance solutions, ensuring optimal protection for its members, and improving societal health and wellness outcomes.

Industry Overview in France

The insurance industry in France is characterized by stringent regulations demanding robust financial health and risk management from companies. Insurers must adhere to Solvency II standards, requiring them to maintain a minimum amount of capital in reserve to