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Life insurance market: Positive net inflows in August 2017

Life insurance market: Positive net inflows in August 2017

Net inflows for August 2017 were 1 billion euros.

From the beginning of the year 2017, insurance companies collected 87.7 billion Euros of premiums (compared to 91.4 billion Euros over the same period in 2016).

Payments to unit-linked products accounted for 24.4 billion Euros from the start of the year, i.e. 28 % of premiums.

Over the same period insurance companies paid out benefits of 82.7 billion Euros.

Net inflows from the beginning of the year were 5.1 billion euros.

At end August 2017 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1,662 billion Euros (up 3 % year-on-year).