Italy Insurance Q4 2018
Key View :
Italy's insurance market is among the largest and most developed in Europe. This is particularly true of the life sector, asItalian consumers see life insurance as an important conduit for savings and investment. The country's often volatile political andeconomic climate has created obstacles for Italian insurers in recent years, added to which is low take-up and a tendency foravoidance in certain sections of the market, including motor insurance. A gradually strengthening economic backdrop shouldprovide support to insurance premiums over the forecast period, while other long-term growth drivers include a large and growingretiree population and shrinking state welfare budgets. However, the pace of growth will be slow, with premiums generally set toexpand by 1-2% annually across core lines through the forecast period.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook