Life insurance market: Positive net inflows in January 2020
Net inflows for January 2020 were 0.5 billion euros.
From the start of the year, insurance companies collected 11.8 billion Euros of premiums (compared to 12.7 billion Euros over the same period in 2019).
Payments to unit-linked products accounted for 4.0 billion Euros from the start of the year, i.e. 34 % of premiums.
Over the same period insurance companies paid out benefits of 11.3 billion Euros (10.6 billion euros in 2019).
Net inflows of the year were 0.5 billion Euros (compared to 2.2 billion euros over the same period in 2019).
At end January 2020 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 789 billion Euros (up 5 % year-on-year).