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Life insurance market: Positive net inflows in October 2019

Net inflows for October 2019 were 1,9 billion euros.

From the start of the year, insurance companies collected 121.8 billion Euros of premiums (compared to 117.5 billion Euros over the same period in 2018). 

Payments to unit-linked products accounted for 30.1 billion Euros from the start of the year, i.e. 25 % of premiums.

Over the same period insurance companies paid out benefits of 97.7 billion Euros (97.8 billion euros in 2018).

Net inflows from the beginning of the year were 24.1 billion Euros (compared to 19.7 billion euros over the same period in 2018).

At end October 2019 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 779 billion Euros (up 5 % year-on-year).