July 2021 confirmed the momentum observed for several months in life insurance, with net inflows of +€1.1 billion and +€2.7 billion in unit-linked products. Unit-linked business reached new record levels for July, with contributions of €4.9 billion over the month and cumulative net inflows since the beginning of the year of €22 billion.
In June 2021, life insurance reached levels not seen in over 10 years:
€13.7 billion in contributions month-on-month, more than €77 billion in the first half,
Net inflows in unit-linked products reached +€3,4 billion in June and almost +€19.3 billion in H1.
The June figures for the life insurance market confirm the trend that has been observed for several months: a growing share of unit-linked investments and the quick growth of Retirement Savings Plans (RSP).
In May 2021, net life insurance inflows came in at +€1.2 billion. For the 5th consecutive month, they exceeded the billion euro threshold, thus confirming renewed momentum. The enthusiasm for retirement savings plans (RSPs) among the French and the growing share of unit-linked investments are also signs of a quickly changing market.
In March 2021, net life insurance inflows were positive at +€1 billion. Net inflows of unit-linked products amounted to +€2.1 billion, thereby contributing to financing the productive economy necessary for the recovery of our country.
Despite an uncertain economic and financial environment, net life insurance inflows in February 2021 were positive at +€1.6 billion. Unit-linked net inflows amounted to +€2.8 billion. France’s favourite investment confirms its key role in financing the French economy.
Net life insurance inflows were positive in January 2021, at +€2 billion. Unit-linked net inflows amounted to +€2.7 billion. Life insurance is picking up again, with net inflows in January 2021 almost four times higher than in December 2020, in line with the trend observed over the past few months.
Net inflows for December 2020 were +€550 million. These were the first positive monthly net inflows since the start of the health crisis. These positive net inflows confirm the last two months trend of a progressive return to balance and demonstrate the trust of the French in Life Insurance.
Net inflows for November 2020 were -€30 million and keep getting closer to balance, month after month. Insurance life premiums amounted to €10.4 billion, of which 34% were payments to unit-linked products. Paid-out benefits in November amounted to €10.5billion.
Net inflows for October 2020 were –€154 million. Insurance life premiums amounted to €10.9 billion, of which 34% were payments to unit-linked products. Paid-out benefits in October amounted to €11.0 billion.
At the end of the first quarter 2017, contributions to company pension savings plans (plans d’épargne retraite entreprises)¹ were up 4,8% at 607 million Euros, of which 22 million Euros were voluntary payments (-8,3%).