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Life insurance market: Positive net inflows in October 2018

Net inflows for October 2018 were 2.5 billion euros.

From the start of the year, insurance companies collected 117.8 billion Euros of premiums (compared to 111.8 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 33.2 billion Euros from the start of the year, i.e. 28 % of premiums.

La FFA adhère aux Principes pour une Assurance Responsable du Programme Environnemental des Nations-Unies

The French Insurance Federation undertakes to support and promote the UNEP-FI’s Principles for Sustainable Insurance.

Floods of 14 and 15 October 2018: the estimated final cost is 220 million Euros

On a visit today to the Aude department, Bernard Spitz, president of the French Insurance Federation, emphasised the commitment of insurers who are doing all they can to speed up the claims process.

The live recording of the FFA conference on the limits of insurability  is available!

How can we push back the limits of insurability in a changing world? To discuss this, almost 20 prestigious speakers gathered on 26 October 2018 at the premises of the French Insurance Federation.
New regulations, disruption brought about by digital technology, climate change... all these subjects were addressed during this day of debate that provided a unique opportunity to highlight the main challenges from these transformations that are having an ever increasing impact on the insurance sector.

The limits of insurability at the heart of discussion at the tenth international conference

Today, more than 20 prestigious speakers will address the conference throughout the day to debate the challenges relating to transformations in the sector around three themes: a changing landscape, the insurability of digital risk and the insurability of climate risk. To see who the speakers are and the programme of roundtable discussions, follow the hashtag #ConfFFA on Twitter and watch the live conference broadcast from 9.00!

Life insurance market: Positive net inflows in September 2018

Net inflows for September 2018 were 900 million euros.

From the start of the year, insurance companies collected 104.7 billion Euros of premiums (compared to 99.6 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 29.9 billion Euros from the start of the year, i.e. 29 % of premiums.

The limits of insurability at the heart of discussion at the tenth international conference

The must-attend annual event in the insurance sector, the tenth international conference organised by the French Insurance Federation will be held on 26 October. Speaker papers and thematic sessions will take place throughout this day of discussion that will be broadcast live online.

Change to the structure of the health premiums under the insurance companies’ occupational protection scheme (Régime Professionnel de Prévoyance)

On 25 September 2018, the French Insurance Federation and four trade union organisations – CFDT, CFE-CGC, CFTC and UNSA – signed a memorandum of understanding that alters the health premiums of the sector’s occupational protection scheme.

Climate-related financial reporting: Operational framework for a constructive dialogue between investors and companies

In order to analyse and manage their portfolios, investors and asset management companies need information on the climate strategy of the companies in which they invest. A joint initiative has been set up under the umbrella of the French Business Confederation (MEDEF), the French Insurance Federation (FFA), and the French Asset Management Association (AFG) in order to define a common reporting framework on corporate climate strategy and related indicators.

Irma

French insurers, represented by FFA president Bernard Spitz, who travelled as a member of the delegation to the Antilles led by the President of the Republic, have emphasised their solidarity with the inhabitants and businesses affected by Irma one year ago.

Life insurance market: Positive net inflows in august 2018

Net inflows for August 2018 were 2.4 billion euros.

From the start of the year, insurance companies collected 95.2 billion Euros of premiums (compared to 89.8 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 27.4 billion Euros from the start of the year, i.e. 29 % of premiums.

Ouragan Irma :  les assureurs accompagnent la reconstruction des territoires

On 6 September 2017, Hurricane Irma devastated the islands of Saint-Martin and Saint-Barthélemy, causing several deaths and resulting in 25,600 claims with an estimated total cost of 1.9 billion Euros. This natural event is the most expensive in the history of insurance in overseas France.

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.

Positive net inflows in June 2018

Net inflows for June 2018 were 2 billion euros.

From the start of the year, insurance companies collected 72.4 billion Euros of premiums (compared to 68.3 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 21.4 billion Euros from the start of the year, i.e. 30 % of premiums.

The health and protection market grew by 3% in 2017

According to data collected by the Technical Centre for Provident Institutions (CTIP), the French Insurance Federation (FFA) and the National Federation of Mutual Insurance Companies (FNMF), the health and protection insurance market grew by 3% in 2017, with premiums of €58.6 bn1. This growth was driven by group contracts (+4.6 % compared to +1.5 % for individual contracts), which accounted for half of the premiums.

A new corporate social responsibility charter for insurers

Insurance companies have renewed their commitment to sustainable development by updating the profession’s Corporate Social Responsibility (CSR) Charter. They have used this opportunity to draw attention to their initiative to encourage the provision of responsible life insurance products.

The floods and storms that have affected France over the last few weeks  have resulted in 214,000 claims with a cost of 430 million Euros

On a visit today to Pau and Salies-de-Béarn, Bernard Spitz, President of the French Insurance Federation, met the public authorities and local elected officials. He affirmed insurers’ commitment to supporting those affected in the Pyrénées-Atlantiques and the country as a whole

Life insurance market: Positive net inflows in May 2018

Net inflows for May 2018 were 2 billion euros.

From the start of the year, insurance companies collected 58.6 billion Euros of premiums (compared to 55.3 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 16.9 billion Euros from the start of the year, i.e. 29 % of premiums.

On Tuesday 26 June the Observatory on the Development of Insurance Careers presented its annual barometer and the initial trends in development of the workforce of insurance companies at the end of 2017 to the social partners.

On Tuesday 26 June the Observatoire de l’Evolution des Métiers de l’Assurance (Observatory on the Development of Insurance Careers) presented its annual barometer and the initial trends in development of the workforce of insurance companies1 at the end of 2017 to the social partners.

The initial trend which emerges shows a gradual increase in workforce at the end of 2017 (+0.4% over one year), that is 146,800 employees for the sector as a whole. The number of insurance company employees has been particularly stable for the past ten years.

Life insurance market: Positive net inflows in April 2018

Net inflows for April 2018 were 2 billion euros.

From the start of the year, insurance companies collected 47.9 billion Euros of premiums (compared to 44.9 billion Euros over the same period in 2017). Payments to unit-linked products accounted for 14 billion Euros from the start of the year, i.e. 30% of premiums.