For Groupama S.A., this acquisition reflects its strategic commitment to expand its international operations, especially in the markets of Central Europe. Asiban S.A. is one of the top Romanian life and non-life insurance companies (the third largest composite insurer in 2007 with a market share of 8% in its domestic market). The acquisition of Asiban S.A. gives Groupama S.A. a platform to become a significant player across the region.