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German life CIOs breath out, as the 'great ZZR unwind' begins
19 April 2023In past years, German lifers dispatched CIOs to raise cash to pay into their ZZRs - like it, or not. But that reversed, and sometimes heftily, as interest rates rose in 2022. David Walker reports
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Realised gains plunge 98% at Talanx - as life unit head heralds no ZZR bill
16 March 2023German group indicates "room for manoeuvre" as interest rates rise