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Life insurance market: Positive net inflows in august 2018

Life insurance market: Positive net inflows in august 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.

Over the same period insurance companies paid out benefits of 78.0 billion Euros.

Net inflows from the beginning of the year were 17.1 billion euros.

At end August 2018 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 708 billion Euros (up 3% year-on-year).