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Life insurance: positive net inflows in May 2017

Net inflows for May 2017 were 300 millions euros.

From the beginning of the year 2017, insurance companies collected 56.4 billion Euros of premiums (compared to 59.5 billion Euros over the same period in 2016). Payments to unit-linked products accounted for 15.2 billion Euros from the start of the year, i.e. 27% of premiums.

Financing of companies by insurers

With 10,000 billion euros of assets under management, insurers are among the leading institutional investors in Europe. The insurance industry is willing and able to finance Europe’s economic priorities such as transport, energy and climate change.

The floods of May-June 2016: the situation one year on

Over a period of 13 days in late May and early June 2016, France experienced its most serious flooding in recent decades, with more than 19 departments affected and a ministerial decree declaring a state of national disaster for more than 2,000 municipalities.
A total of 182,000 claims were submitted to insurers, with the cost exceeding €1.4 bn.

Life insurance: positive net inflows in April 2017

Net inflows for April 2017 were 400 millions euros.

From the beginning of the year 2017, insurance companies collected 45.6 billion Euros of premiums (compared to 49 billion Euros over the same period in 2016). Payments to unit-linked products accounted for 12.1 billion Euros from the start of the year, i.e. 27% of premiums.

Save the date : 9th International Insurance Conference on 27 October 2017

The French Insurance Federation (FFA) Ninth International Insurance Conference will be held on Friday, 27 October 2017 from 9:00 to 17:00, on the theme "Insurance in a World of Disruption".

Cotizen, a simplified online payment service for companies

Agirc-Arrco, the Centre technique des institutions de prévoyance (CTIP), the French Insurance Federation (FFA) and the Mutualité Française are launching Cotizen, a new paperless social security contributions payment service for companies and third-party payers.

Alexis Meyer

Alexis Meyer studied at the Ecole Nationale d’Administration from 2005 to 2007 and also holds a Masters in Advanced Studies in Applied Economics from the Université Paris XII.

Assistant Director in the department of human resources of the City of Paris since 2013, he previously worked in the city’s schools department. He was employed in the French Directorate-General of the Treasury from 2009 to 2011 as assistant to the head of the insurance companies and intermediaries bureau. From 2007 to 2009, Alexis Meyer was assistant to the head of the economic and monetary union bureau. Between 1998 and 2003 he had a number of different roles in the finance department of the City of Paris.

Philippe Bernardi

Philippe Bernardi, member of the French Institute of Actuaries and a graduate of the Ecole des Mines, joined Cardif in 1987, where he held a number of positions, particularly in group insurance.

In 1996, he joined SOGECAP as Technical and Legal Director. He moved to AXA France in 1999 as Technical Life and Banking Director and then held a series of positions within the group: General Manager for the Western Region; Director for the Health, Protection and Care Branches; General Manager of ADIS (the centre that manages AGIPI products) and Chief Executive Officer of AXA Prévoyance & Patrimoine.

Life insurance March 2017

In March 2017, net life insurance savings inflows matched outflows.

From the beginning of the year 2017, insurance companies collected 34.7 billion Euros of premiums (compared to 37.3 billion Euros over the same period in 2016). Payments to unit-linked products accounted for 9.3 billion Euros from the start of the year, i.e. 27% of premiums.

Company Pension Savings Plans:  sustained growth in 2016

Contributions to company pension savings plans (plans d’épargne retraite entreprises)¹ were up 6% in 2016 at 2.4 billion Euros, of which 163 million Euros were voluntary payments (+11 %).