Life insurance: a new rate of 3.60% at La France Mutualiste

La France Mutualiste announces a rate of 3.60% for its Actagence 2 euro fund in 2024. A return well above the average expected on the market. Its retirement products, such as the PER and the Mutualist Retirement of the Fighter, even offer up to 4.10%.

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A big hit for mutual insurance companies at this time of announcing the rates offered in life insurance. After Ampli mutual – which served a rate of 3.75% -, Garance (which maintains a rate at 3.50%) and MACSF (3.10%), it was around La France Mutualiste to communicate the yield of its euro fund (Actévolution 2) for the year 2024, during a press conference this Wednesday, January 8. And it is good news that the historic veterans’ mutual has reserved for its 160,000 members, since with a rate of 3.60%it will also provide a return higher than the average expected for the rest of the market.

A yield down slightly compared to 2023, but still among the most generous

This performance, which applies to all of its contracts, including old ones, is certainly slightly down compared to 2023 (3.70%) but it should be more than one point higher than the rate of 2.50% that the Facts & Figures firm anticipates on average for the entire sector. Better still, the returns served on the euro funds of its retirement products even climb to 4% on its PER (PER’FORM) and 4.10% for its historic product, the Mutualist Fighter’s Retirement.

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Generous rates that the mutual explains by the performance of its financial portfolio over time, which has enabled it, as in 2023, not to draw on its reserves, in particular the provision for profit sharing (PPB). Taking advantage of the rise in interest rates, “we were able to reinvest in bonds at more than 4% last year”specified Simon Le Dily, deputy general director of La France Mutualiste. But beyond bonds – which only make up 65% of the euro fund – “our pocket invested in equities (17% of the portfolio) and private debt (i.e. the financing of companies not listed on the stock exchange, editor’s note) were drivers of performance”detailed Simon Le Dily.