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Life insurance market: Positive net inflows in May 2019

Life insurance market: Positive net inflows in May 2019

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

From the start of the year, insurance companies collected 62 billion Euros of premiums (compared to 60 billion Euros over the same period in 2018). Payments to unit-linked products accounted for 14.6 billion Euros from the start of the year, i.e. 23 % of premiums.

Over the same period insurance companies paid out benefits of 48.9 billion Euros.

Net inflows from the beginning of the year were 13.1 billion Euros.

At end May 2019 in-force life insurance business (mathematical provisions + profit sharing provisions) stood at 1 739 billion Euros (up 2.5% year-on-year).