The total value of assets held by euro area insures fell by €329 billion over the first quarter of 2022. This is the largest quarterly decline since the start of 2020. A fall in the value of bond holdings was the main cause.
Read our press release https://www.ecb.europa.eu/press/pr/stats/icb/html/ecb.icb2022q1~b8f6b1bcbf.en.html