2021 : HISTORICAL AND RECORD UNIT-LINKED PREMIUM INCOME FOR SOGELIFE
During 2021, marked by a strong recovery in the Luxembourg life insurance sector, SOGELIFE's premium income increased by 31%, thus confirming its position as a major player in the sector.
- Turnover : €2.25 billion
- Assets under management: €14 billion
- Company Income: €28.5 million
- Solvency ratio: 167%
SOGELIFE, which is celebrating 25 years of activity in Luxembourg, achieved one of the best turnover figures in its historyin 2021, particularly in unit-linked investments. With EUR 2.25 billion in premium income over the year and limited redemptions, assets under management now stand at EUR 14 billion, up 17% on 2020. The solvency ratio of 167% also remains high. These results are in line with the business mix transformation strategy, which aims to increase the share of unit-linked investments within new premiums and in existing policies. Since 2015, the share of unit-linked insurance in assets under management has more than doubled.
This strong performance is particularly evident in our French, Italian and Monegasque markets thanks to the positioning of our offer to HNWI (High Net Worth Individuals) and UHNWI (Ultra High Net Worth Individuals) with tailor-made investment and wealth planning solutions. In this favourable context, SOGELIFE has accelerated developments in Socially Responsible Investment (SRI), innovation and human capital:
- SOGELIFE launched SOGELIFE Positive Investment, a 100% SRI unit-linked policy labelled as a Sustainable Insurance Product (SIP) by LuxFLAG. This initiative is part of the company's CSR (Corporate Social Responsibility) transformation, and SOGELIFE was recognised as a "Responsible Company" by the INDR in early 2021.
- Multiple projects were launched with the goal of optimising the partner and client experience through: the simplification of all documentation according to our UX Design approach, the launch of the policy monitoring platform (Track & Trace), but also that of mysogelife.com, the platform dedicated to clients and offering policy information in real time. With these transformations, the 100% digital path will be possible in 2022 with the implementation of the e-signature on all our markets and the launch of the mobile app.
- Finally, the question of work, adapting to new challenges, new communication tools, digital and ESG transformations, and acquiring new skills has enabled SOGELIFE to adapt quickly and easily to the uncertainties of the health crisis, to the new constraints and above all to the needs of its clients and partners.
"These transformations allow us today - and will allow us tomorrow - to better respond to the specific demands of our partners and clients by offering tailor-made, innovative, demanding and responsible investment solutions”. Jean Elia, CEO SOGELIFE
Solvency and financial condition report
SOGELIFE wishes you happy holidays and an excellent year 2024.
Promotional offer last quarter 2023 and 2024
SOGELIFE was once again next to Firstance for the 7eth edition of Firstance PRO-AM invitational.
The 9th edition of brockerage took place on 5th october at Chambre de Commerce.
INVITATION
Décideurs magazine publie le classement de la gestion de Patrimoine.
Promotional offer last quarter 2023
Solid results for SOGELIFE in 2022, thanks to its value proposition which combines savoir-faire and innovation.
The SOGELIFE teams took part in the Wealth Management and Performance Summit held on 12 July 2023 at the Pavillon...
To mark the launch of premium.sogelife.com, a new portal dedicated to the company's partners, SOGELIFE, a major player...
Découvrez dès maintenant le rapport extra-financier 2022 de SOGELIFE.
Découvrez le Rapport Annuel 2022 de SOGELIFE
SOGELIFE S.A. supports Life Project 4 Youth (LP4Y), which aims to help young people in situations of exclusion and offer...
SOGELIFE is continuing its digital transformation and improving services for its partners by developing a new version of...
SOGELIFE
Promotional offer second quarter 2023
Les équipes SOGELIFE étaient présentes au « Monaco Life Insurance Day » organisé par Gatsby & White le 23 mars 2023.
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On 15 March, the "Citywire Briefing" event took place in Monaco.
Through careful recruitment and care for its staff, Josefa Perabla Ton of life insurance company Sogelife is showing how...
L’ingénierie patrimoniale est un service sur mesure dédié aux planifications patrimoniales et successorales. En accord...
On 1 March 2023, the ACA organised an event in Zurich, bringing together the main players in Luxembourg life insurance....
SOGELIFE a le plaisir de vous annoncer que les taux servis 2022.
Semplificazione e discrezione: ecco come il private insurance può arricchire il servizio offerto dalla società...
SOGELIFE wishes you happy holidays and an excellent year 2023.
Comme chaque année, SOGELIFE a donné rendez-vous à ses partenaires pour sa traditionnelle conférence dialogue. Pour...