Financial Stability Report by the Bank of Italy No.2 - November 2023

descrizione

In the first nine months of this year, the capitalization of the insurance sector rose, reflecting the growth in the value of investments. Profitability improved in the first half of the year, although it continued to be affected by the unrealized losses on the insurers' securities portfolios. The liquidity position has remained solid overall, although in the life sector premium income has continued to fall and contract surrenders have persisted.

issue date

24 November 2023