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Life insurance market: Positive net inflows in October 2018

Net inflows for October 2018 were 2.5 billion euros.

From the start of the year, insurance companies collected 117.8 billion Euros of premiums (compared to 111.8 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 33.2 billion Euros from the start of the year, i.e. 28 % of premiums.

Over the same period insurance companies paid out benefits of 97.4 billion Euros.

Net inflows from the beginning of the year were 20.4 billion Euros.

At end October 2018 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 701 billion Euros (up 1% year-on-year).