Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Italian insurance market had total gross written premiums of $161.8bn in 2020, representing a compound annual growth rate (CAGR) of 0.6% between 2016 and 2020.
- The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $118.5bn, equivalent to 73.2% of the market's overall value.
- The COVID-19 pandemic, which first took hold in Italy in early 2020, has had a significant impact on the insurance market. Cuts to interest rates have hampered insurance companies’ profits, and there has been a reduction in demand for certain types of insurance, such as travel insurance, amid pandemic-mandated nationwide lockdown restrictions.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Italy
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy insurance market with five year forecasts
Reasons to Buy
- What was the size of the Italy automotive manufacturing market by value in 2020?
- What will be the size of the Italy automotive manufacturing market in 2025?
- What factors are affecting the strength of competition in the Italy automotive manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy's automotive manufacturing market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Assicurazioni Generali SpA
- Poste Italiane SpA
- Intesa Sanpaolo SpA
- UnipolSai Assicurazioni SpA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 48 |
Published | November 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD | $ 161.83 Billion |
Forecasted Market Value ( USD | $ 175.64 Billion |
Compound Annual Growth Rate | 1.6% |
Regions Covered | Italy |