Direct insurance and amounts under management by pension funds in 2016
In 2016, direct insurance in Portugal amounted to 10.8 billion euros, reflecting a 14.4% decrease compared to 2015. Despite the 23.3% decline in life insurance, Non-Life evolved positively for the third consecutive year, resulting in a 4.9% increase in production volume, mainly due to Workers Compensation.
The amounts under management by pension funds reached 18 billion euros by the end of 2016, a 1.2% increase over the previous year.
Direct Insurance 2016 (provisional)
Amounts managed by Pension Funds 2016 (provisional)