Market Research Logo

Non-Life Insurance in Italy, Key Trends and Opportunities to 2020

Non-Life Insurance in Italy, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Non-Life Insurance in Italy Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Italian non-life insurance segment, and a comparison of the Italian insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Italian economy and demographics, explains the various types of natural and man-made hazard and their impact on the Italian insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Non-Life Insurance in Italy Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Italian non-life insurance segment, including:

  • The Italian non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Italian economy and demographics
  • A comparison of the Italian non-life insurance segment with its regional counterparts
  • The various distribution channels in the Italian non-life insurance segment
  • Detailed analysis of natural and man-made hazards and their impact on the Italian insurance industry
  • Details of the competitive landscape in the non-life insurance segment in Italy
  • Details of regulatory policy applicable to the Italian insurance industry
Scope

This report provides a comprehensive analysis of the non-life insurance segment in Italy:
  • It provides historical values for the Italian non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Italian non-life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Italian non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in Italy.
  • It analyzes various natural and man-made hazards and their impact on the Italian insurance industry
  • It profiles the top non-life insurance companies in Italy, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Italian non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Italian non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Italian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In 2015, motor insurance was the largest category in the Italian non-life segment, accounting for 63.7% of the segment’s gross written premium.
  • The Italian motor insurance category suffered from low profitability during the review-period. One of the key factors for the decreasing profitability was a high rate of undetected fraud.
  • Property insurance was the second-largest category, accounting for 22.7% of the segment’s gross written premium in 2015.
  • The infrastructure construction market is expected to benefit from the government’s plan to develop railway infrastructure across the country, coupled with high-speed railway network in metropolitan areas.
  • Marine, aviation and transit insurance was the smallest category in the Italian non-life segment in 2015.
  • Italian tourism to Egypt fell sharply in 2016, due to incidents such as the killing of tourists along with their Egyptian guides in September 2015, the downing of a Russian plane, and the death of an Italian student on the streets of Cairo.


  • Key Facts and Highlights
    • Table Italian Non-Life Insurance - Key Facts, 2015
    • Table Italian Non-Life Insurance - Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Italian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Italian Non-Life Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2011-2015
        • Table Italian Non-Life Insurance - Penetration (%), 2011-2015
        • Table Italian Non-Life Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2015-2020
        • Table Italian Non-Life Insurance - Penetration (%), 2015-2020
        • Table Italian Non-Life Insurance - Premium per Capita (EUR and US$), 2011-2015
        • Table Italian Non-Life Insurance - Premium per Capita (EUR and US$), 2015-2020
      • Profitability
        • Table Italian Non-Life Insurance - Profitability Ratio (%), 2011-2015
        • Table Italian Non-Life Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Italian Non-Life Insurance - Total Assets (EUR Billion and US$ Billion), 2011-2015
        • Table Italian Non-Life Insurance - Total Assets (EUR Billion and US$ Billion), 2015-2020
        • Table Italian Non-Life Insurance - Total Investment Income (EUR Billion and US$ Billion), 2011-2015
        • Table Italian Non-Life Insurance - Total Investment Income (EUR Billion and US$ Billion), 2015-2020
        • Table Italian Non-Life Insurance - Investment Portfolio (EUR Billion), 2011-2015
        • Table Italian Non-Life Insurance - Investment Portfolio (EUR Billion), 2015-2020
  • Outlook by Category
    • Table Italian Non-Life Insurance - Direct Written Premium by Category (EUR Billion),2011-2015
    • Table Italian Non-Life Insurance - Direct Written Premium by Category (EUR Billion), 2015-2020
    • Property Insurance
      • Product overview
      • Premium
        • Table Italian Property Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2011-2015
        • Table Italian Property Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2015-2020
      • Profitability
        • Table Italian Property Insurance - Loss Ratio (%), 2011-2015
        • Table Italian Property Insurance - Loss Ratio (%), 2015-2020
    • Motor Insurance
      • Product overview
      • Premium
        • Table Italian Motor Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2011-2015
        • Table Italian Motor Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2015-2020
      • Profitability
        • Table Italian Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Italian Motor Insurance - Loss Ratio (%), 2015-2020
    • Liability Insurance
      • Product overview
      • Premium
        • Table Italian Liability Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2011-2015
        • Table Italian Liability Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2015-2020
      • Profitability
        • Table Italian Liability Insurance - Loss Ratio (%), 2011-2015
        • Table Italian Liability Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Product overview
      • Premium
        • Table Italian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2015
        • Table Italian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (EUR Million), 2015-2020
      • Profitability
        • Table Italian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Italian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
      • Table Italian Non-Life Insurance - Direct Written Premium by Distribution Channel (EUR Billion), 2011-2015
      • Table Italian Non-Life Insurance - Direct Written Premium by Distribution Channel (EUR Billion), 2015-2020
      • Table Italian Non-Life Insurance - Percentage of Direct Written Premium, by Distribution Channel, 2011-2020
      • Agencies
      • Brokers
      • Bancassurance
      • E-commerce
  • Natural and Man-Made Hazards
    • Table Italian Average Annual Loss by Hazard
    • Flooding
    • Landslides
    • Earthquakes
    • Man-Made Disasters
    • Exposure
  • Competitive Landscape
    • Table Italian Insurance Industry - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • UnipolSai Assicurazioni - company overview
        • Table UnipolSai Assicurazioni - Key Facts
      • Generali Italia - company overview
        • Table Generali Italia - Key Facts
      • Gruppo Assicurativo Allianz - company overview
        • Table Gruppo Assicurativo Allianz - Key Facts
      • Axa Assicurazioni - company overview
        • Table Axa Assicurazioni - Key Facts
      • Reale Mutua Assicurazioni - company overview
        • Table Reale Mutua Assicurazioni - Key Facts
  • Governance, Risk and Compliance
    • Table Italy - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Italy - Life Insurance Regulatory Framework
      • Property insurance
        • Table Italy - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Italy - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Italy - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third party liability insurance
      • Civil liability insurance for motor boats and yachts
      • Social insurance system
      • Air carriers and aircraft operators' insurance
        • Table Italy - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
      • Professional indemnity insurance for healthcare professionals
      • Professional indemnity insurance for alternative investment fund managers
      • Clinical trials liability insurance
      • Liability for ships with respect to oil pollution
      • Professional indemnity insurance for insurance brokers and agents
      • Third-party liability insurance for remotely piloted aerial vehicles
    • Supervision and Control
      • International Association of Insurance Supervisors (IAIS)
      • European Insurance and Occupational Pensions Authority (EIOPA)
      • Federation of European Risk Management Associations (FERMA)
      • Istituto per la Vigilanza sulle Assicurazioni (IVASS)
    • Non-Admitted Insurance Regulation
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
        • Table Italy - Taxation on Insurance Products
      • Withholding taxes on premiums paid overseas
      • Corporate tax
        • Table Italy - Corporate Tax Rates for the Financial Year 2016
      • Branch remittance: Exempt Captives
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Italian Insurance Industry - Policies and Premium, 2011-2015
      • Table Italian Insurance Industry - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Italian Non-Life Insurance - Claims and Expenses, 2011-2015
      • Table Italian Non-Life Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Italian Non-Life Insurance - Assets and Investments, 2011-2015
      • Table Italian Non-Life Insurance - Assets and Investments, 2015-2020
    • Direct Marketing and E-Commerce
      • Table Italian Non-Life Insurance - Direct Marketing and E-Commerce, 2011-2015
      • Table Italian Non-Life Insurance - Direct Marketing and E-Commerce, 2015-2020
    • Insurance Brokers and Agencies
      • Table Italian Non-Life Insurance - Insurance Brokers and Agencies, 2011-2015
      • Table Italian Non-Life Insurance - Insurance Brokers and Agencies, 2015-2020
    • Bancassurance and Other Distribution Channels
      • Table Italian Non-Life Insurance - Bancassurance and Other Distribution Channels, 2011-2015
      • Table Italian Non-Life Insurance - Bancassurance and Other Distribution Channels, 2015-2020
    • Property Insurance
      • Table Italian Non-Life Insurance - Property Insurance, 2011-2015
      • Table Italian Non-Life Insurance - Property Insurance, 2015-2020
    • Property Insurance by Product
      • Table Italian Non-Life Insurance - Property Insurance by Product, 2011-2015
      • Table Italian Non-Life Insurance - Property Insurance by Product, 2015-2020
    • Motor Insurance
      • Table Italian Non-Life Insurance - Motor Insurance, 2011-2015
      • Table Italian Non-Life Insurance - Motor Insurance, 2015-2020
    • Motor Insurance by Product
      • Table Italian Non-Life Insurance - Motor Insurance by Product, 2011-2015
      • Table Italian Non-Life Insurance - Motor Insurance by Product, 2015-2020
    • Liability Insurance
      • Table Italian Non-Life Insurance - Liability Insurance, 2011-2015
      • Table Italian Non-Life Insurance - Liability Insurance, 2015-2020
    • Marine, Aviation and Transit Insurance
      • Table Italian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
      • Table Italian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report