Financial Stability Report by the Bank of Italy No. 1 - April 2024

descrizione

In the insurance sector, capitalization fell in the second half of last year, owing to the increase in the cost of non-life claims, but continues to be high. Profitability improved, driven by higher investment income and lower net unrealized losses on securities portfolios. The liquidity position remained sound overall, although surrenders in the life segment continued.

issue date

30 April 2024