Financial Stability Report by the Bank of Italy No.2 - November 2024

descrizione

Insurers' capitalization fell slightly in the first half of the year, although it continues to be high. Profitability improved overall, but is still negative in the life business as a result of unrealized capital losses on the investment portfolio. The liquidity position remained sound, partly due to a recovery in premium income in the life business.

issue date

22 November 2024