Categories: Business

“Competition is strong for good returns”: Life insurance attractive again

For 2023, the average yield is expected to be between 2.5% and 2.7%.
Matarezo/Andia.fr

Analysis – Faced with competition from term accounts and leveraged accounts, insurance companies are stepping up their efforts. Euro funds are experiencing historical rate increases.

Savers can rub their hands. The Euro Fund is reviving its life insurance contracts. First rate announcements for 2023 for a large number of players are around 3%: Garens 3.50%, La France Mutualiste 3.70%, MACSF and Generali 3.10%, GMF Vie 2, 80%, Milleis Vie 2.75%…

In 2020 and 2021, this major savings investment, guaranteed in capital, returns a measly 1%. Those days seem to be over now. “Remuneration will be substantial this year, Welcomes Antoine Delon, President of Broker Linxea. Insurance companies are struggling to stay competitive in a rapidly changing rate environment. And that’s good news for savers.”

Life insurance: rate hike for savers finally

The yield increase is of the order of 0.8% in a year. Last year, the Euro Fund returned an average of 1.9% (17.2% before social security contributions). For 2023, average yields are expected to be between 2.5% and 2.7%, according to Good Value for Money forecast…

This article is reserved for subscribers. You have 90% left to discover.

Flash sale

-50% on Digital Subscriptions

Already subscribed? enter

Source link

Admin

Recent Posts

100 million degrees for 48 seconds: South Korea’s ‘artificial sun’ moves closer to nuclear revolution

This is a new record that scientists from the Korea Fusion Energy Institute (KFE) have…

6 months ago

The report offers solutions for insurers facing future growth in natural disasters

Damages associated with drought, floods, hail and other increasingly violent events are expected to increase…

6 months ago

You still have time to claim this exciting investigation

An estimated 9 million people in the United States are still waiting for their final…

6 months ago

IDF recognizes “serious mistake” in killing seven members of NGO World Central Kitchen

The death of seven humanitarian workers from the American NGO World Central Kitchen in an…

6 months ago

Fortnite Shop Apr 3, 2024 – Fortnite

Today, at one o'clock in the morning, Gamer updates it Boutique de Fortnite Through the…

6 months ago

Sharon Stone tried to make a Barbie movie in the 1990s

The Basic Instinct and Casino actress looks back at a time in Hollywood when adapting…

6 months ago