Italy Insurance Q1 2018
BMI View: Italy's insurance sector is emerging from a period of sluggish growth as local business and consumer sentiment start to pick up amid a strengthening Italian and eurozone economy. The country's large life insurance sector, while highly mature, is benefiting from an improving labour market and rising household incomes as well as a growing retirement-age population. Meanwhile, the non-life sector offers considerable room for further growth, particularly in terms of less-developed non-core lines such as health insurance. A bloated and fragmented competitive landscape, which includes a multitude of both domestic and foreign providers, also offers scope for mergers and acquisitions, which should attract international investors over the next few years. However, Italy's volatile political and economic environment presents a number of potential downside risks, particularly given Italy's forthcoming general elections.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook