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Expérimentation d’une Blockchain inter-assureurs  autour de l’échange de données sécurisées

Fourteen insurers came together within a blockchain working group of the FFA’s digital committee to trial the use of this technology for the exchange of secure data. This proof-of-concept exercise was completed in four months and demonstrated the relevance of using Blockchain in B2B exchanges that require timestamping.

Following the devastating passage of hurricanes Irma and Maria over Saint-Martin, Saint-Barthélemy, Martinique and Guadeloupe, insurers have registered 33,000 claims with an estimated total cost of 910 million Euros. The final cost could reach 1.2 billion Euros.

Le Parlement européen se prononce en faveur d’un report  de l’application de la directive sur la distribution d’assurances (DDA)

The European Parliament in plenary session approved on 25 October 2017 the two delegated Regulations implementing the Insurance Distribution Directive.

This approval was accompanied by a request that the European Commission defer the Directive’s entry into force until 1 October 2018.

Replay of the International Conference 27 october 2017

Under the aegis of the FFA, the main French, European and international insurance authorities, CEOs and top executives from major global groups as well as recognized experts discussed the challenges facing the insurance industry in a world of disruption.

 Assurance vie : collecte nette positive en septembre 2017

Net inflows for September 2017 were 500 million euros.

From the beginning of the year 2017, insurance companies collected 97.3 billion Euros of premiums (compared to 100.5 billion Euros over the same period in 2016). Payments to unit-linked products accounted for 26.8 billion Euros from the start of the year, i.e. 28 % of premiums.

Plan d’Epargne Retraite Entreprises :  un développement qui se maintient au 1er semestre 2017

During the first half of 2017, Company Pensions Savings Plan1 contributions were up by 2.4%, at 1,267 million Euros. Voluntary contributions accounted for 43 million Euros of this figure (-2,3%).

En 2016, le marché de la complémentaire santé et de la prévoyance  a été porté par les contrats collectifs

Three families of insurers offer health and protection insurance in France: provident institutions governed by the Social Security Code, insurance companies governed by the Insurance Code and mutual insurance companies governed by the Mutual Insurance Code.

The market for supplementary health insurance and protection insurance grew by 1.6% in 2016, with premiums of €56.7 bn. This growth was driven by the increase in group contracts (+2.7% compared to +0.6% for individual contracts). Group contracts now account for half of premiums.

Contrats dépendance et contrats obsèques :  mise en place de deux dispositifs de recherches

The insurers in the Fédération Française de l’Assurance [French Insurance Federation] (FFA), through the association AGIRA, have set up two mechanisms so that people in France can find out if their relatives are the beneficiaries of a funeral or long-term care policy. For funeral policies, the target is to enable the relatives of a deceased person to find out if he or she was the beneficiary of a funeral policy within three days of asking. The search feature for long-term care policies, for its part, must enable the authorised representative of a person who has ceased to be independent to find out whether that person is the beneficiary of a long-term care policy, on a primary basis, within no more than a month after applying.

2016 Annual Report

The French Insurance Federation (FFA) publishes its 2016 annual report which highlights the federation’s areas of focus over the past twelve months.

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.