Life insurance market: Positive net inflows in July 2019

Net inflows for July 2019 were 1.6 billion euros.

From the start of the year, insurance companies collected 87.1 billion Euros of premiums (compared to 84.3 billion Euros over the same period in 2018). 

Payments to unit-linked products accounted for 20.5 billion Euros from the start of the year, i.e. 24 % of premiums.

Over the same period insurance companies paid out benefits of 70.4 billion Euros.

Net inflows from the beginning of the year were 16.7 billion Euros. (compared to 14.2 billion euros over the samed period in 2018.)

At end July 2019 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 754 billion Euros (up 2.7% year-on-year).