Arnaud de Dumast, incoming CEO of Cardif Lux Vie;
Credit: Raoul Somers
On Monday 13 April 2026, Luxembourg insurance company Cardif Lux Vie, a subsidiary of BGL BNP Paribas, published its 2025 financial results.
The insurer ended 2025 with assets under management of €36 billion (up 8% compared to 2024), a turnover of €3.7 billion (up 16% year-on-year), 67% of which was in unit-linked products, and a net result (profit) of €39.2 million.
According to Cardif Lux Vie, the results reaffirm its position among the leading players in the Luxembourg life insurance sector, underpinned by strong performance and the diversity of its business model.
Cardif Lux Vie reported that its Wealth Management business generated €3.6 billion in gross inflows. The company said that the year was marked by a sustained sales drive to consolidate existing partnerships and diversify inflows. It added that concrete measures were implemented to expand the product range, both within the General Fund and in unit-linked products, including enhanced rate offers and the broader integration of private equity funds and structured products.
Retail and Private Banking business in Luxembourg and the Greater Region amounted to €90.5 million, representing a slight decrease (1%) compared to 2024.
Cardif Lux Vie added that, in 2025, it continued to transform its operating model in response to increasing regulatory requirements, evolving partner expectations and rapid developments in digital standards, including automation, digitalisation of customer journeys and the use of new technologies.
It also stated that it continues to place sustainability at the heart of its value proposition, integrating a CSR approach into its product offering, investment solutions and activities within the Luxembourg ecosystem.
Arnaud de Dumast, CEO of Cardif Lux Vie, said: "Cardif Lux Vie remains committed to continuously improve the quality of service provided to its customers and is continuing its efforts to strengthen its partnership-based support, drive forward its digital transformation and automate its processes. He added: “This modernisation programme undertaken by Cardif Lux Vie is a key driver in addressing the future challenges of the Luxembourg life insurance market, whilst reinforcing a sustainable value proposition: to be a trusted partner, both today and tomorrow, which is high-performing, resilient to its operating environment, and sufficiently agile to innovate and seize market opportunities."
