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Life insurance regains some colors after a black year

2021-03-01T19:28:31.863Z

Net subscriptions rebounded by 2 billion euros in January after a massive outflow in 2020. After a difficult year, life insurance is finally recovering a bit. The collection, at half mast for months, rebounded strongly in January. The French have placed nearly 13.6 billion euros in this investment (+ 13% compared to January 2020) according to figures from the French Insurance Federation (FFA). Net inflows (deposits minus withdrawals), after spending long months in the red, are again cle



After a difficult year, life insurance is finally recovering a bit.

The collection, at half mast for months, rebounded strongly in January.

The French have placed nearly 13.6 billion euros in this investment (+ 13% compared to January 2020) according to figures from the French Insurance Federation (FFA).

Net inflows (deposits minus withdrawals), after spending long months in the red, are again clearly positive (+ € 2 billion versus + € 0.6 billion in January 2020).

For Franck Le Vallois, Director General of the FFA, this good result marks

"a gradual return to the situation we knew before the crisis".

Net inflows, negative since March 2020, regained their waterline in the fall before returning to the green in December (+ € 550 million).

Read also:

The French ready to take a little more risk with their savings

How to explain this rebound?

January is usually a good month for saving.

“Some employees receive a thirteenth month, others bonuses.

This

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Source: lefigaro

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