1 April 2016 PRESS RELEASE
Statistics on Euro Area Insurance Corporations and Pension Funds: Fourth Quarter 2015
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In the fourth quarter of 2015, the total financial assets of euro area insurance corporations and pension funds increased to €9,133 billion, from €9,016 billion in the previous quarter. Over the same period, the amount outstanding of insurance technical reserves, which are the main liabilities of insurance corporations and pension funds, increased to €7,585 billion, from €7,521 billion. This increase was mainly due to transactions amounting to €55 billion.