After years of plummeting, life insurance rates are starting to rise again. After a year of 2022 at 1.91% on average, the yields announced for the year 2023 should be around 2.5%, but with some pearls expected near 4%. Find the rates for flagship contracts from all insurers, banks or other fintechs.
Savings stub value in France, Livret A obviously gives the LA. Including for insurers and their funds in euros, the star support of life insurance.
Despite all the incentives from banks, brokers and insurers to invest in risk funds (units of account) of life insurance, the euro fund and its capital guarantee at any time still weigh 60% of the 1890 billion euros savings managed in life insurance. Besides, the Livret A and its 369 billion euros remains a drop in the ocean…
Insurers who must meet the 3% of the booklet A
Despite this apparent imbalance, the most widespread investment is and remains the Livret A since nearly 9 out of 10 French households have at least one, compared to two out of five households for life insurance. The rebound of its rate 3% net of tax in February cannot leave insurers impassive. After falling to 1.28% on average in 2021, the returns on euro funds have actually rebounded, in number and very significantly in 2022 reaching 1.91% on average. The remuneration even reached 2.30% like Boursorama Vie or LCL Vie or even 2.50% for the MACSF RES Multisupport contract or 2.80% for Garance pargne.
These are the average rates of return on funds in euros calculated each year by the ACPR.
MoneyVox For what average rate in 2023? The announcements are in progress… the first to be revealed, unsurprisingly among the best returns. Several experts estimate that average remuneration will rise2.5% . Certain contracts, notably those created this year,could even reach 4.5%
.Attention
: even if your insurer announces a net management fee rate of 2.5% for the past year, you should not forget that this return is before taxes. So at best 2.07% annual return in 2023 after social security contributions for a fund showing 2.5%, if we consider that you benefit from the income tax reduction.
Life insurance: what rate must you reach to (really) beat the Livret A?
Euro funds: 2023 returns already revealed Here is the ranking, which will be updated over the days. Clarification: to avoid lists of more than 300 life insurance policies, MoneyVox retains the returns of the main contracts, retaining a general public contract for each bank, insurer or broker, and the editorial team focuses on thebase rate, excluding bonus
. Mutualist France. The mutual insurer offers returns of over 3.50% on all of its life insurance contracts. The flagship contracts of the mutual insurer (Actpargne 2) increase by 2.11%3.70%
up 1.59 points.Madder . Like last year, Garance revealed the remuneration paid to its policyholders for the past year as of January 2: 3.5%
net of management fees. After social contributions, the net remuneration for the year 2023 will therefore be almost 2.9%.General Society . Please note, the bank appears high in this ranking but this is because it only communicates an average rate, and not a detailed remuneration scale like other distributors. Failing to know the base rate of the Erable general public contract, the bank therefore announces 3.12% on average on the Sequoia contract, itsbestseller
.MACSF . The mutual insurer MACSF provides a return of 3.10%
for the year 2023 compared to 2.5% last year. Once social security contributions are deducted, this rate increases to 2.6%. GMF. The net yield served on the euro support of Multo and all GMF contracts is 2.80%
net of management fees, compared to 2.05% last year. It amounts to 2.32% after deduction of social security contributions. MAAF. The insurer increases the rate of return on its euro fund by 0.75%, which therefore goes from 2.05% in 2022 2.80%
in 2023 net of management fees. After deduction of social security contributions, this rate rises to 2.32%. Milleis Vie. The remuneration of the fund in euros for the Milleis Horizon Vie, Milleis Horizon Capi, Milleis Life Savings, Capi Milleis and Barclays Prestige contracts is 2.75%
net of management fees and gross of social security contributions (17.2%). Savers will benefit from a net rate of 2.27% after deduction of contributions.Macif . Multi Vie’s euro fund rebounded very strongly, by 1.60% last year 2.70%
on Monabanq Life Maif. The fund in euros of the flagship Responsible and Solidarity Life Insurance contract increases by 2.10% last year 2.5%
for the 2023 interest paid at the start of 2024.Agipi . Cler, the main contract of the savings association, managed by the insurer Axa, reports this year 2.45%
on its fund in euros, compared to 2.05% last year.MMA . The mutual insurer announced a return on its fund in euros 2.25%
for the year 2023. An increased rate of up to 3.25%, or 1% more, for savers who have invested at least 40% of their assets in units of account. Axa. Axa announced a base rate of 2% on its main contracts, Arpges, Excelium, Privilge, Odyssiel, Expantiel, Figures Libres, Optial, compared to 1.40% last year. Depending on the share of units of account in the contract, the annual remuneration can go up to3.30%
.AG2R La Mondiale . The Vivpargne range of general public contracts sees its fund in euros increase by 1.08% 2%
net of management fees. On the Terre de Vie heritage contract, on the other hand, the various bonuses allow you to go up to 5.05% but on condition of having made a payment during a promotion period and having at least 80% UC .
The performance of new life insurance contracts
In 2023, new life insurance contracts have emerged, promising exceptional returns for their few months of existence. What is it really? Placement-direct.fr launched its new contract in November 2023. The broker was targeting an annual 2023 return of at least 4% net of management fees. The promise is kept. Placement-direct.fr announced at the beginning of January that its very recent single-support contract displays a performance net of management fees which amounts to4.10%
. As this performance only applies to the last weeks of the past year, it cannot reasonably be compared to the other announced rates. Ms. reasoning forCorum
: the 4.45% net management fees announced on Corum EuroLife are only valid over 6 months and the return has therefore been annualized.
| Focus on bank contracts | Banks | Flagship contract | Rate 2022 | Max bonus 2022 | Rate 2023 |
|---|---|---|---|---|---|
| Max bonus 2023 | Popular Bank | Horizon 2 | 1.45% | 2.70% | % |
| % | BNP Paribas | BNP Paribas Multiplacements | 2% | 2.95% | % |
| % | Savings Bank | Millevie Essential 2 | 1.45% | 2.18% | % |
| % | CIC | Essential Life Insurance Plan | 2.10% | 2.75% | % |
| % | Credit Agricole | Predissime 9 series 2 | 1.90% | 2.70% | % |
| % | Credit Mutuel | Essential Life Insurance Plan | 2.10% | 2.75% | % |
| % | Credit Mutuel Arka | Navig’Options | 1.70% | 2% | % |
| % | The postal bank | Cashmere 2 Series 2 | 1.40% | 2.80% | % |
| % | LCL | LCL Life | 2.30% * | 3.10% * | % |
| % | General Society | Squoia 1.95% | (average rate) | – 3.12% | (average rate) |
–
Socit Générale communicates an average rate, and not a base rate, which makes any comparison impossible with other brands.
* Rate for 0.60% management fees, these fees vary depending on the contracts.
| Insurers, associations and mutuals: the main returns | Insurers, mutuals and associations | Flagship contract | Rate 2022 | Bonuses 2022 | Rate 2023 |
|---|---|---|---|---|---|
| Max bonus 2023 | Afer | Afer Multi-Support | 2.01% | – | % |
| – | AG2R La Mondiale | Vivpargne 2 | 1.08% | – | 2% |
| – | Agipi | Key | 2.05% | – | 2.45% |
| – | Allianz | Allianz Life Fidlit * | 1.73% | 3.17% | % |
| % | Asac-Faps | Retirement Savings 2 Plus | 2% | – | % |
| – | Abeille Assurances (formerly Aviva France) | Aviva Epargne Plurielle | – | – | – |
| – | Axa | Arpges | 1.40% | 2.10% | 2% |
| 3.50% | Carac | Profile | 2.50% | – | % |
| – | CNP Assurances | CNP One | 1.20% | 3.40% | % |
| % | Gaipare | Selectissimo | 2.20% | – | % |
| – | Madder | Garance Savings | 2.80% | – | 3.50% |
| – | Generali | Himalia (AGGV fund) | 1.45% | 2.90% | % |
| % | GMF | Multo | 2.05% | – | 2.80% |
| – | Groupama & Gan | Groupama Modulation | – | – | – |
| – | Mutualist France | Actpargne2 | 2.11% | 2.31% | 3.70% |
| – | The conservative | Helios Heritage | – | – | – |
| – | Maaf | Winalto | 2.05% | – | 2.80% |
| 3.20% | Macif | Multi Life | 1.60% | – | 2.70% |
| – | MACSF | RES Multisupport | 2.50% | – | 3.10% |
| – | Maif | Responsible and Solidarity life insurance | 2.10% | – | 2.5% |
| – | MiFID | Free Future Savings Account | 2.20% | – | % |
| – | MMA | MMA Multi-supports | 1.40% | 2.15% | 2.25% |
| 3.25% | Monceau Assurances | Dynavie | 1.75% | – | % |
| – | Swiss Life | All contracts | 1.50% | 3.05% | % |
%
Returns relating only to the classic euro fund, accessible to all, of the insurer’s flagship contract.
The 2023 rates left empty have not yet been communicated by the insurer.
* The euro fund of the Allianz Vie Fidlit contract is part, with remuneration depending on the holding period.
The calendar of 2023 rate announcements
- The main announcements will be made in the crowd of the rate of the Afer savings association. Here is the next date to remember: Tuesday January 16: Afer AndGaipare
.