Credit: WEALINS Group
WEALINS, the Luxembourg-based life insurance company specialised in developing innovative cross-border life insurance and capitalisation solutions, has announced assets under administration of €15.83 billion and €1.5 billion of collected premiums as of 31 December 2023 (a slight increase compared to the previous year).
In 2023, the company noted it pursued its business development in the ten European markets in which it operates, making a difference by “relying on the satisfaction and trust of its partners and their clients”.
The company has over 30 years of experience in the life insurance sector, operating under the Freedom to Provide Services regime from Luxembourg. WEALINS emphasised it is focused on a "Human-to-Human" approach and committed to building long-term relationships of trust. A Net Promoter Score (NPS) survey recently carried out among partners of the insurance company highlighted their satisfaction with WEALINS, with a score of 47.9 (on a scale from -100 to +100). The company has also won several awards (including "Back-Office Excellence -Insurance" and "Best Investor Experience - Insurance" from the Luxembourg-based HubFinance):
"In a fast-changing environment, with many opportunities but also challenges, we at WEALINS are doing our best to empower our partners and their clients in their wealth projects and ambitions today and tomorrow. I would like to take this opportunity to thank our teams for their daily involvement", said Luc Rasschaert, CEO of WEALINS SA.
To achieve its objectives and ambitions, the company added it can rely on the support of its shareholder, Foyer Group. A major player in Luxembourg's economic and financial landscape, Foyer Group’s structural and financial strength has been once again confirmed this year following the publication of the Solvency and Financial Condition Report (SFCR), with a Solvency II Ratio of over 300 % (Solvency II SCR is standardised to enable an insurer to withstand a one in 200-year event i.e. an extreme stress).
