Belgian sales volumes boosted by insurance products

Sales of structured products in the primary market amounted to €1.56 billion in the first quarter of 2019, an increase of 69% year-on-year and up 12% compared to the previous quarter, according to the Belgian Structured Investment Products Association (Belsipa). The turnover of structured life-insurance products (Branch 23) in particular, increased significantly, by 221% compared to last year, followed by structured bonds, which were up 60% on an annual basis. At €863 million, the tur