The first half of 2024: a good time for life insurance – Meilleurtaux Placement

Net inflows from life insurance reached the highest level in the first 6 months of 2024. In fact, this amounted to 16.3 billion euros during this period, and according to a professional in the sector, it is an unprecedented result that this is from 2010. But that’s not it. all, donations collected have increased, with a total of 91.4 billion euros, an increase of 13%.

More than 91 billion euros in donations

The amount of contributions paid on employment contractslife insurance between January and June 2024 to 91.4 billion euros. Compared to its level at the beginning of the year, a An improvement of 13% is observed. . The end of the half year was particularly successful with an 18% increase in payments on euro support, and a 5% increase on UC.

As for net collection, professionals in the sector are enthusiastic about the performance of this savings product, which is known as one of the favorites of the French. In a few months, they collected 16.3 billion euros .

Reduction in benefits paid to policyholders

However, the sharp increase in contributions in the first half of 2023 did not lead to an increase in benefits paid to life insurance policy holders. In one year, a 15% decline in output was observed .

In detail, the decline was more marked for money in euros, or -18%. For accounting units, this was limited to 3%. In total, market players paid 11.6 billion euros in benefits in June 2024.

This situation does not seem to affect him too badly the competitiveness of life insurance. Indeed, even if regulated savings accounts offer a higher net return, savers will not hesitate to fund their contracts.

In addition, the PER (retirement savings plan) is starting to interest the French. This financial result currently amounts to 110 billion euros in assets, including 838 million in contributions paid in June 2024.