Life insurers end two-year premium decline

Sales in March alone were up 22%, with the demand for life insurance driven by low interest rates on savings accounts

French life insurers have seen their premium income rise for the first time in about two years. The total for the first three months of this year, €37.5bn ($49.8bn), was up by 3% from the corresponding period last year, according to the federation of French insurance companies FFSA; the figure for March of this year, €14.3bn was up by 22% from the corresponding month last year.