UNIVERSAL REGISTRATION DOCUMENT 2023

5

GROUP RISK FACTORS

5.1

5.2

THE GROUP’S MAIN RISKS

168 168 169

ORGANISATION OF RISK MANAGEMENT WITHIN THE GROUP 172

5.1.1 Financial risks 5.1.2 Insurance risks 5.1.3 Operational Risks

171 171 172

5.1.4 Sustainability & CSR risks

5.1.5 War in Ukraine and the Middle East

167

Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES