Based on a representative sample of life and non-life insurance companies, it appears that the activity of life insurers rose sharply in 2015 while that of non-life insurers increased moderately. Overall, they maintained their profitability and solvency despite a still lacklustre macroeconomic environment.
As regards life insurance, overall net inflows grew by over 20% in 2015 to stand at EUR 11.1 billion. This general trend, however, masks disparities between the instruments: while net inflows more than doubled for unit-linked products (to EUR 6.6 billion), they decreased by 26.3% for euro-denominated products (EUR 4.5 billion).