In the analysts' view,
GICL's profitability is contingent on its capacity to manage market risk on fixed income securities.
21 September 2012 - Belgian insurer Ageas SA (EBR:AGS) on Friday unveiled a GBP116 (USD189m/EUR145.1m) agreement to buy British non-life insurer Groupama Insurance Company Limited (
GICL) from French Groupama SA.
It would also increase Ageas UK's annual inflows by some 20%, amounting to more than GBP2.1bn on a pro forma basis, based on Ageas UK and
GICL's non-life income in 2011.
This differing approach to leadership has been recognized in training programs for co-op leaders, including by the Graduate Institute of Cooperative Leadership (
GICL), established at the University of Missouri in 1972 (http://www.gicl.coop/giclorigins.html).