The average rate offered with respect to 2022 therefore was 2.30%2, including the payment bonus3.
The 2022 return on the “Essentiel” policy of the flagship life insurance product, Plan Assurance Vie, was 2.10% , while the return on the product’s “Privilège” policy was 2.25%, excluding any payment bonus3.
The return on the individual retirement savings plan of Assurances du Crédit Mutuel, PER Assurance Retraite, came to 2.25%, excluding any payment bonus3.
After taking payment bonuses3 into account, the yields paid in 2022 on the euro funds were between 2% and 2.75% depending on each insured's situation and policy.
These increases were possible thanks to the investment policy and financial solidity of Assurances du Crédit Mutuel:
- The financial assets underlying our general purpose funds continue to generate overall returns;
- Our payment reserves, built up over several years, are among the highest on the market, at 7.8% of assets under management4.
As the fifth largest life insurer on the French market5, Assurances du Crédit Mutuel manages 4.1 million policies in France on behalf of 2.7 million customers, and had total outstandings of €93 billion6 at the end of December 20227.
1 Excluding any exceptions, and Europierre real estate funds.
2 All of the rates indicated are net of management fees and before social security deductions.
3 All of the life assurance, accumulation and individual multi-asset retirement savings policies of ACM benefited again in 2022 from a payment bonus on the euro funds based on the proportion of the contract invested in unit-linked funds as at 12/31/2022. The additional return on the euro funds awarded in respect of 2022 was therefore:
- + 0.25% for contracts that were at least 25% invested in unit-linked funds as at 12/31/2022;
- + 0.50% for contracts that were at least 50% invested in unit-linked funds as at 12/31/2022.
5 In terms of outstandings, source: “Classement assurance vie 2022 : les principales tendances” (2022 life assurance rankings: main trends), Argus de l’Assurance, May 18, 2022.
6 Actuarial provisions and profit sharing in respect of 2022, excluding provision for surplus distribution.
7 Unaudited data.