25/08/2011
By Ilonka Oudenampsen
France has the highest amount of assets held by insurance companies in the Eurozone, while Dutch pension funds have the most assets among European pension funds, recent data from Dutch regulator De Nederlandsche Bank (DNB) has shown.
The total AuM of the pensions and insurance sector in the EU is €7,025 billion, of which France is the biggest with €1,980 billion, although all these assets are held by insurance companies.
With €1,909 billion in assets, Germany is a close second. Insurance companies manage the majority of the assets at around €1,550 billion.
In the Netherlands, pension funds manage almost €790 billion of the €1,200 billion of AuM. Italian pension funds and insurance companies manage almost €600 billion, while Spain, Ireland, Belgium and Luxemburg manage less than €400 billion each.
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