Archive

Italian regulator tells life firms to "rethink product offerings" in light of surrender risk

In 2023, lapse rates jumped to levels not seen since 2011

Ivass warns Italians about shortfalls in natcat policies

Italian insurers' SFCRs spell out difficulties in assessing costly natcat risk

Irish insurers warn of negative impact from Italian draft regulation on life insurance

The trade association said the proposals would undermine EU single market freedoms

Rescuers of Eurovita divulge details of bail-out plan

Italian life insurer faced solvency pressure before rivals took liabilities

Italian life firms' SFCRs reveal rising policy lapse rates in 2023

Solvency filings discuss methods sector used to tackle the risk

Eurovita's rescue vehicle authorised by Italian regulator

Ivass raises concerns with US aggregation method draft

Another European regulator also argues the AM version lacks detail

Ivass president admits Eurovita rescue talks were "long and not easy"

Italian regulator says rescuers "acted in awareness of their own interest"

Eurovita to be rescued by five insurers and banks

Generali Italia, Intesa Sanpaolo Vita, Poste Vita, Unipol and Allianz to run operation holding policies

Mass policy surrenders remain a blight on Europe's life insurers

But reinsurers are stepping in to help manage lapse risk, and the EU's insurance chief is sanguine about the threat, as Christopher Cundy and Joshua Geer report