Financial Stability Report by the Bank of Italy No.2 - November 2019
- descrizione
- The solvency and profitability indicators for Italian insurance companies have improved as a result of the reduction in sovereign risk. The alignment between the financial duration of assets and liabilities reduces the exposure of the financial statements of Italian insurance companies to the risks resulting from a low-for-long interest rate environment, compared to those of companies from other EU countries. An exacerbation of this scenario might however make the offer of with-profit life policies more costly, with negative consequences on the profitability of the insurance sector.
- issue date
- 21 November 2019
Last update
25 October 2022