Italy Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Summary
Life Insurance in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Italian life insurance market had total gross written premiums of $148.4 billion in 2022, representing a compound annual growth rate (CAGR) of 4.2% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $133.6 billion, equivalent to 90% of the market's overall value.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $133.6 billion, equivalent to 90% of the market's overall value. The growth can be attributed to the main players showing strong growth in the Italian market in 2022. The rising interest rates by European Central Bank are also favorable for life insurance companies.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Italy
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy life insurance market with five year forecasts
- What was the size of the Italy life insurance market by value in 2022?
- What will be the size of the Italy life insurance market in 2027?
- What factors are affecting the strength of competition in the Italy life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy's life insurance market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do leading players follow?
- 7.4. What are the strengths of leading players?
- 7.5. What has been the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. Allianz SE
- 8.2. Assicurazioni Generali SpA
- 8.3. Intesa Sanpaolo SpA
- 8.4. Poste Italiane SpA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Italy life insurance market value: $ billion, 2017-22
- Table 2: Italy life insurance market category segmentation: % share, by value, 2017–2022
- Table 3: Italy life insurance market category segmentation: $ billion, 2017-2022
- Table 4: Italy life insurance market geography segmentation: $ billion, 2022
- Table 5: Italy life insurance market value forecast: $ billion, 2022-27
- Table 6: Italy life insurance market share: % share, by value, 2022
- Table 7: Allianz SE: key facts
- Table 8: Allianz SE: Annual Financial Ratios
- Table 9: Allianz SE: Key Employees
- Table 10: Allianz SE: Key Employees Continued
- Table 11: Assicurazioni Generali SpA: key facts
- Table 12: Assicurazioni Generali SpA: Annual Financial Ratios
- Table 13: Assicurazioni Generali SpA: Key Employees
- Table 14: Assicurazioni Generali SpA: Key Employees Continued
- Table 15: Intesa Sanpaolo SpA: key facts
- Table 16: Intesa Sanpaolo SpA: Annual Financial Ratios
- Table 17: Intesa Sanpaolo SpA: Key Employees
- Table 18: Intesa Sanpaolo SpA: Key Employees Continued
- Table 19: Poste Italiane SpA: key facts
- Table 20: Poste Italiane SpA: Annual Financial Ratios
- Table 21: Poste Italiane SpA: Key Employees
- Table 22: Italy size of population (million), 2018–22
- Table 23: Italy gdp (constant 2005 prices, $ billion), 2018–22
- Table 24: Italy gdp (current prices, $ billion), 2018–22
- Table 25: Italy inflation, 2018–22
- Table 26: Italy consumer price index (absolute), 2018–22
- Table 27: Italy exchange rate, 2017–21
- List of Figures
- Figure 1: Italy life insurance market value: $ billion, 2017-22
- Figure 2: Italy life insurance market category segmentation: $ billion, 2017-2022
- Figure 3: Italy life insurance market geography segmentation: % share, by value, 2022
- Figure 4: Italy life insurance market value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the life insurance market in Italy, 2022
- Figure 6: Drivers of buyer power in the life insurance market in Italy, 2022
- Figure 7: Drivers of supplier power in the life insurance market in Italy, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Italy, 2022
- Figure 9: Factors influencing the threat of substitutes in the life insurance market in Italy, 2022
- Figure 10: Drivers of degree of rivalry in the life insurance market in Italy, 2022
- Figure 11: Italy life insurance market share: % share, by value, 2022
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