Life Insurance Europe
The outlook for life insurance in europe is based on a survey of 100 finance directors and investment decision makers in a cross section of european life insurers representing just under one fifth of the total european life insurance market.
Life insurance europe. Cigna has its registered office at avenue de cortenbergh 52 1000 brussels belgium. Insurance europe is the european re insurance federation covid 19. Insurance europe has published a database with figures on the european insurance industry for the period 2004 to 2018. The report life changing.
The second largest european life and health insurance company with market value of approximately 22 6 billion u s. Cigna life insurance company of europe s a n v. Insurance europe remains fully operational in line with belgian government requirements insurance europe s offices are closed until further notice. During 2018 almost 704 billion was paid out in life insurance benefits in europe.
The company is a subsidiary of crédit agricole assurances a market leader in the french insurance sector and the european banking insurance industry. Cigna an insurance company registered in belgium under registration number 0421 437 284 with limited liability and authorised under licence number 0938. The sector is now barely covering its cost of. Cigna life insurance company of europe s a.
The european life insurance industry is a cornerstone of the european savings and retirement ecosystem with 6 trillion in assets as of 2016. The company offers a wide range of insurance plans such as life medical dental life accidental disability. The life insurance industry continues to grow with gross policy revenue increasing by 6 3 over the past year to 24 7 billion and reinsurance playing a more prominent role increasing from 23 to 30 of gross policy revenue in the last 5 years. The united kingdom was the leading recipient country recording the value of life benefits equal to 224 1 billion.
Dollars was the uk company legal general group. Cali europe crédit agricole life insurance europe is the luxembourg based life insurance company of the crédit agricole group.