The association of life insurance savers Afer has unveiled a rate of return on its euro fund in decline, to 1.70%. Low interest rates are putting pressure on the traditional life insurance market and pushing insurers to innovate.
The fall in the remuneration of traditional life insurance, a highly prized investment for the French, is being confirmed. On Wednesday, the leading savings association Afer announced that the rate of return on its iconic life insurance contract stood at 1.70% in 2020, up from 1.85% a year earlier.
Anxious to pamper its some 760,000 members, Afer, which should soon change partner insurer given the sale of Aviva France, prides itself on offering a “Among the very best on the market”, according to its president Gérard Bekerman.