Italy Insurance Q3 2019
The lack of growth in gross written premiums, in both of the major segments of Italy's insurance sector, belies theopportunities for the leading players. Although the details vary from company to company, each has a clear strategy to achievegrowth in profitability (if not necessarily premiums). Most are looking to sell savings and protection products to wealthierhouseholds who hold significant cash deposits. Some are looking to cross-sell non-life insurance offerings. Many are raising funds orcapital through the sale of non-core businesses. Virtually all are looking to exploit technology to facilitate distribution and/or toboost customers' experience.
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