Home » Economy » Euro funds in life insurance: the first 2022 rate is out!

Euro funds in life insurance: the first 2022 rate is out!

by Alexandra Hartman Editor-in-Chief

We didn’t necessarily expect it. Milleis Vie was the first to draw this year, with a damn high rate.

Milleis Vie, a subsidiary insurance company of Milleis Banque Privée, announces a return (net of management fees but gross of social security contributions) of 2.15% for the year 2022. The insurer says it is reaffirming its desire “ support the savings of its policyholders by announcing a significantly higher net rate of return for its fund in euros, which only posted 0.95% in 2021. This rate applies to the Epargne vie Milleis, Capi Milleis and Barclays Prestige contracts.

« We welcome this trend, which allows us to better remunerate our policyholders in the current context, while continuing to favor the long-term performance of our euro fund. “, according to Patrick Thiberge, CEO of Milleis Vie.

Last year, it was the MACSF which had been the first to communicate a rate, at 2.10%, also on the rise. Against a backdrop of inflation, returns on euro funds are expected to rise overall this year, between 1.50 and 1.80%putting an end to years of rate erosion in a context of bond yields that were at rock bottom.

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