Life insurance market: Positive net inflows in September 2017
Net inflows for September 2017 were 500 million euros.
From the beginning of the year 2017, insurance companies collected 97.3 billion Euros of premiums (compared to 100.5 billion Euros over the same period in 2016). Payments to unit-linked products accounted for 26.8 billion Euros from the start of the year, i.e. 28 % of premiums.
Over the same period insurance companies paid out benefits of 91.8 billion Euros.
Net inflows from the beginning of the year were 5.5 billion euros.
At end September 2017 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1,672 billion Euros (up 4 % year-on-year).