In January, premium income from individual life policies amounted to 6,2 billion, a decrease of 23,5% compared to the same period of 2016. A trend mainly attributable to the decrease of 34,2% in traditional life insurance policies linked to separate management (Class I), which represent approximately 70% of the total. According to the latest data published by Ania (National Association of Insurers), the total collection of individual life policies referring to Italian and non-EU companies active in Italy in January amounted to 6,2 billion, marking a reduction of 23,5% compared to the same month in 2016 .
Examining the premiums collected in detail, it can be seen that the premiums relating to class I policies, which include traditional life policies linked to separately managed accounts and which represent over 70% of the total, reported a reduction of 34,2% compared to the same month of 2016, settling at 4,3 billion. The collection of premiums deriving from class III policies, which include unit-linked and index-linked policies whose returns are linked to the value of the units of mutual investment funds or indexes and which make up around 28% of the total, is instead increased by 22,9% compared to January 2016, settling at 1,7 billion. In the first month of 2, premium income from class V policies, which refer to capitalization transactions which provide for the payment of a principal upon expiry of the contract and whose weight is approximately 2017% of the total, remained unchanged at 119 million.
