Faced with a Livret A which yields 3%, life insurers will have no other choice than to boost the return on their funds in euros to remain competitive. On the occasion of its annual barometer of individual life savings, the Facts & Figures firm anticipates a further increase in the rates paid at the start of 2024, with an average of 2.5%. Remember that this remuneration is subject to social security contributions, which would bring the net gain to 2.07%. Above all, this actor foresees “an unprecedented diversity of rate policies served on euro funds”, specifying that “the notion of average will no longer mean much”.
According to Cyrille Chartier-Kastler, the founder of the firm, it is necessary to distinguish different types of euro funds. The most recent ones, like those of Corum Life and Ampli Mutuelle, could serve between 3.5% and 4.5%, since they take full advantage of the rise in interest rates by investing in well-paid bonds.
For older supports, saturated with low-rate securities, the difference will be made on the reserves accumulated in recent years. Companies with few reserves, such as Afer or Monceau Assurances, should not be able to exceed 2%, while the richest – insurers belonging to banking groups – could move between 2.6% and 2.8%. . Bonus policies, which grant a surplus return to policyholders holding a large share of units of account, should significantly increase the rate received by the most aggressive savers.