Direct insurance in 2015 (provisional data)
In 2015 the volume of direct insurance in Portugal decreased 11.4% overall, reaching a value of 12.7 billion euros. Of note, the 3.6% growth in the Non-life classes while Life insurance showed a decline of 17%.
The amounts managed by pension funds in 2015 exceeded 18 billion euros reflecting a 3.1% increase over 2014.
For further information, see:
- Direct Insurance 2015 (provisional data)- Amounts managed by Pension Funds 2015 (provisional data)
ASF presents annual reports
"In the most difficult period of the financial sector crisis, the insurance industry managed to resist, even contributing to mitigate procyclical effects affecting the financial system," said ASF Chairman Prof. José Figueiredo Almaça, in his closing remarks at the conference on the public presentation of the RSSFP and the RRSCM reports, which was held in Lisbon.
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