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Change to the structure of the health premiums under the insurance companies’ occupational protection scheme (Régime Professionnel de Prévoyance)

On 25 September 2018, the French Insurance Federation and four trade union organisations – CFDT, CFE-CGC, CFTC and UNSA – signed a memorandum of understanding that alters the health premiums of the sector’s occupational protection scheme.

Climate-related financial reporting: Operational framework for a constructive dialogue between investors and companies

In order to analyse and manage their portfolios, investors and asset management companies need information on the climate strategy of the companies in which they invest. A joint initiative has been set up under the umbrella of the French Business Confederation (MEDEF), the French Insurance Federation (FFA), and the French Asset Management Association (AFG) in order to define a common reporting framework on corporate climate strategy and related indicators.

Irma

French insurers, represented by FFA president Bernard Spitz, who travelled as a member of the delegation to the Antilles led by the President of the Republic, have emphasised their solidarity with the inhabitants and businesses affected by Irma one year ago.

Assurance vie : Collecte nette positive en août 2018

Net inflows for August 2018 were 2.4 billion euros.

From the start of the year, insurance companies collected 95.2 billion Euros of premiums (compared to 89.8 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 27.4 billion Euros from the start of the year, i.e. 29 % of premiums.

Ouragan Irma :  les assureurs accompagnent la reconstruction des territoires

On 6 September 2017, Hurricane Irma devastated the islands of Saint-Martin and Saint-Barthélemy, causing several deaths and resulting in 25,600 claims with an estimated total cost of 1.9 billion Euros. This natural event is the most expensive in the history of insurance in overseas France.

Assurance vie : Collecte nette positive en juillet 2018

Net inflows for July 2018 were 3 billion euros.

From the start of the year, insurance companies collected 84.8 billion Euros of premiums (compared to 80.1 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 25 billion Euros from the start of the year, i.e. 29 % of premiums.

The health and protection market grew by 3% in 2017

According to data collected by the Technical Centre for Provident Institutions (CTIP), the French Insurance Federation (FFA) and the National Federation of Mutual Insurance Companies (FNMF), the health and protection insurance market grew by 3% in 2017, with premiums of €58.6 bn1. This growth was driven by group contracts (+4.6 % compared to +1.5 % for individual contracts), which accounted for half of the premiums.

A new corporate social responsibility charter for insurers

Insurance companies have renewed their commitment to sustainable development by updating the profession’s Corporate Social Responsibility (CSR) Charter. They have used this opportunity to draw attention to their initiative to encourage the provision of responsible life insurance products.

The floods and storms that have affected France over the last few weeks  have resulted in 214,000 claims with a cost of 430 million Euros

On a visit today to Pau and Salies-de-Béarn, Bernard Spitz, President of the French Insurance Federation, met the public authorities and local elected officials. He affirmed insurers’ commitment to supporting those affected in the Pyrénées-Atlantiques and the country as a whole

Life insurance market: Positive net inflows in May 2018

Net inflows for May 2018 were 2 billion euros.

From the start of the year, insurance companies collected 58.6 billion Euros of premiums (compared to 55.3 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 16.9 billion Euros from the start of the year, i.e. 29 % of premiums.