COMMUNIQUE PRESSE EN

Key Figures

Results as at 31st December 2015

At 31 December 2016, Cardif Lux Vie had generated revenue of EUR 2.3 billion (+4.7% on 2015) and ranked second among Luxembourg insurance companies for collection Source: ACA report 2016. The Company also passed the milestone of having EUR 20 billion in assets under management. And with net income before tax1 of EUR 53.9 million, up more than 1.1% on 2015, Cardif Lux Vie posted solid performances by all of its business lines - Wealth Management, Employee Benefits and Retail - for the 5th year in a row.
Cardif Lux Vie confirmed its position as a major player in the Luxembourg life insurance market, with significant rates of growth in all key indicators, which take into account ongoing investments being made as part of its transformation plan (transaction security, improvement in client experience, and digitalisation).


"Cardif Lux Vie produced very good results across all of its business lines in 2016, and confirmed its position as a major player in the Luxembourg insurance business. The Company is upholding its growth forecasts by making the investments needed to remain competitive over the long term. It is accelerating its IT transformation, the necessary cornerstone of its digitalisation strategy, and maintaining its commitment to programmes for managing regulatory change and improving the partner and client experience", says Jacques Faveyrol, CEO of Cardif Lux Vie.


1- Résultat net avant impôts aux normes locales lux GAAP, soit un résultat avant impôt de 62,9 millions d'euros aux normes IFRS groupe.

2- Source ACA 2016