Life insurance market: Positive net inflows in July 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.

Over the same period insurance companies paid out benefits of 69.5 billion Euros.

Net inflows from the beginning of the year were 15,3 billion euros.

At end July 2018 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 712 billion Euros (up 3% year-on-year).