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IFRS 17 hedging: A case study on an Italian segregated fund
As many life insurance companies are struggling with volatility due to IFRS 17, we show how to mitigate the problem for products under the variable fee approach.
Practice Leaders
Meet some of the experts leading Milliman Italy

Aldo Balestreri
Principal and Managing Director Italy & CEE
Aldo Balestreri is principal and managing director for Milliman’s practices in Italy and Central and Eastern Europe, which includes the offices in Milan, Warsaw, Bucharest, Istanbul, and the satellite office in Nicosia, Cyprus that also serves the Greek market. His team also carries out insurance consulting missions in other parts of Europe.

Nicola Biscaglia
Principal and Managing Director
Nicola Biscaglia is a principal and managing director for Milliman’s practices in Italy and Central & Eastern Europe (ICEE), including the offices in Milan, Warsaw, Bucharest, Istanbul, and the satellite office in Nicosia.

Luca Cavaliere
Principal, Managing Director Italy & CEE
Luca Cavaliere is principal and managing director for Milliman's practices in Italy and Central and Eastern Europe, which include the offices in Milan, Warsaw, Bucharest, Istanbul, and the satellite office in Nicosia, Cyprus. His team also carries out insurance consulting missions in other parts of Europe. He joined the firm in 2008.