THE EVOLUTION OF ITALIAN INSURERS' ASSETS BOOK VALUE

This research aims to analyses the dynamics of the book value of assets of a cross-section of all Italian insurers between 1998 and 2012, correlating this with Italian nominal GDP in the same period. Subsequently, to permit more in-depth investigation of these dynamics, the research moves from an analysis of the absolute values to analysis of the rates of change of the book value of assets of the insurers included the sample with those of the Italian GDP. Lastly, for more detailed analysis, attention has been focused on certain items of assets considered particularly significant.