2019: a year of good results for Cardif Lux Vie
Per December 31st, 2019 Cardif Lux Vie recorded a very strong increase in its assets under management, which totalled €27.9 billion (+22.1% increase on 2018 performance). The Company’s net profit before tax amounted up to €50.8 million (+4.6% increase on 2018 performance) with a turnover of €2.1 billion (-20% decrease on 2018 performance).
In a context of economic and financial instability, Cardif Lux Vie maintained a good level of inflow of Unit Linked business while also performing well in terms of premiums to the General Fund.
The year was also marked by a growing CSR commitment, with the systematic integration of ESG criteria into Cardif Lux Vie’s investments, revised eligibility criteria for outstanding balance insurance (ASRD) and a new range of socially responsible financial solutions.