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Comment - BTPs remain the 'dagger to the heart' of Italian CIOs
05 January 2024Life CIOs have scythed local debt exposures, but Ivass data shows the wild ride they still underwent in 2021/2022
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Ivass reveals Italian lifers' sharp swings from fixed income gain to loss - and not just from their BTPs
03 January 2024Local debt generated €35.5bn gross gains in 2021, then plunged to €27.6bn losses
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IVASS admits Eurovita rescue talks were "long, and not easy"
25 July 2023Rescuers "acted in awareness of their own interest", IVASS president says
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Chart of the Week - Eurovita's general account over time, % (2017-2021)
07 July 2023SFCRs show the Italian lifer being rescued by five peers, and banks, shunned risk - including heavy BTP weightings - in its GA
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Comment - Italians' famed civility might be sorely tested, by Eurovita's gating
06 July 2023IVASS has locked policyholders in until November
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Comment - Eurovita has had a 'patient capital' shareholder. Shame about its policyholders
03 July 2023Five insurers, and banks, are organising a rescue deal for their stricken Italian peer and the policyholders that remain
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Eurovita revealed as prolific outsourcer with over 150 managers onboard
19 June 2023IVASS suspended redemptions of Italian's policies in Q1
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Italian CIOs welcome BTP yields rising - but maybe not their "exploding" - in 2022
24 May 2023While European CIOs welcomed debt yields heating up again in 2022, for Italians BTPs underwent a truly combustible expansion, David Walker finds
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Poste Vita trimmed BTPs to 48.3% of portfolio in 2022
22 May 2023Italian giant also bought reinsurance for 'mass lapse' underwriting risk
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Chart of the week - how Italian lifers use GAs for lapse risk
19 May 2023Italian SFCRs explain their liquidity planning, and its various methods, to meet a startling leap in lapse risk