A few days after the New Year 2023, the insurers having revealed the return paid for the year 2022 on the fund in euros of their life insurance can still be counted on the fingers of one hand. Announced rates, anticipated returns, calendar of announcements… here is all the information available today. Knowing that this article will be updated over the announcements.
Rates 2022: what rebound for funds in euros?
Heel value of savings in France, the booklet A obviously gives the LA. Including for insurers and their funds in euros, star support for life insurance with no less than 1385 billion euros in assets.
Despite all the incentives from banks, brokers and insurers to invest in risky funds (unit-linked) for life insurance, the fund in euros and its capital guarantee at all times still weighs 73% of the 1874 billion euros (1) savings life insurance. Besides, the livret A and its 369 billion euros remains a drop of water… Despite this apparent imbalance, the most widespread investment is and remains the livret A. The rebound in its rate to 2% in the summer of 2022 and its probable rise of more than 3% in February 2023 cannot leave insurers impassive. It’s a certainty: after having fallen to 1.28% on average, the yields of funds in euros will rebound.
Will they bounce back to booklet A level? The 2% rate is obviously symbolic. Observers predict a average yield ranging between 1.6% and 2% for the year 2022. And even if your insurer announces a net management fee rate of 2% for the past year, it should not be forgotten that this return is before tax. So at best 1.66% annual return in 2022 after social security contributions for a fund showing 2%, if we consider that you benefit from the income tax deduction.
Livret A or life insurance: which investment earned you the most interest in 2022?
Euro Funds: 2022 Returns dj unveils
At this stage, they are still rare. Here is the ranking, which will be updated over the days.
Madder. Number 1 in the charts last year, the fund in euros of the multi-support contract Garance Epargne goes from 2.75% in 2021 to 2.80% net of management fees paid at the start of 2023 for compensation for the year 2022 Mutual is already firmly in first place.
Milleis Life. The subsidiary of the private bank Milleis announced a return of 2.15%, against 0.95% in 2021, on the fund in euros of the Epargne vie Milleis, Capi Milleis and Barclays Prestige contracts.
Beetle. Following information posted on the MoneyVox forum, the Linxea broker, which markets the Linxea Zen gr contract by Apicil, confirms a sharp rebound in performance on Apicil Euro Garanti: from 0.86% last year, the rate rose to 1.30% for customers complying with the constraint of investing half of their savings in units of account (UA). This rate can be increased if the saver invests more heavily in UC. As for the EuroFlex partial guarantee fund, it yields 1.40% in 2022 as in 2021 and 2022.
To confirm… Each year, the most loyal of our readers give us a preview of the rates displayed in their customer areas, and the relevance of their information is no longer proven. Let’s quote 1.70% for FMG (against 1.50% last year) and 2.05% for the Winalto fund Maaf (against 1.50% in 2021) but, beware, these yields are still awaiting official confirmation from the insurer.
save on fees and earn up to €350 thanks our comparison of life insurance
Star funds, bank contracts… what to expect?
Will there be a fund in euros with a return of more than 3% net of management fees for the year 2022? Bone bet … The best bidder, last year, has therefore already been unveiled and Garance has only raised his remuneration by 0.05 points, to 2.80%.
Cyrille Chartier-Kastler, founder of Good value for money and recognized analyst in the life insurance sector, anticipates sharper rebounds for the former bottom of the class. Otherwise, they would risk seeing their remuneration be totally disconnected from the other investment families.
Last year, for the 2021 returns of traditional funds, the fund in euros of the Garance Epargne contract (2.75%) dominated the ranking ahead of the MACSF (2.10%), when the Caisse d’Epargne and its 0, 50% served on several old contracts closed the market.
Life insurance: the top 10 and the flop 10 of 2021 rates
Take out your diary: here are the upcoming announcements
- MACSF: Thursday January 5, 2023. Last year, the mutual insurer surprised with a sharp increase in yield, 2.10% in 2021 against 1.55% in 2020.
- The postal bank: Tuesday, January 10.
- Afer: Thursday 12 January. Last year, the Afer rate (served by Abeille Assurances, Aviva France’s new name following the takeover by Ama) was 1.70%.
- gayparous: Tuesday 17 January. For the record, the return paid for the year 2021 was 1.80%.
- Monceau Insurance: Tuesday 24 January.
Comparison of low cost life insurance
(1) Data at the end of 2021. Outstandings amounted to 1,856 billion euros at the end of November 2022 according to France Assureurs.