Italy Non-Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Summary
Non-Life Insurance in Italy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The Italian non-life insurance market had total gross written premiums of $47.6 billion in 2022, representing a compound annual growth rate (CAGR) of 1.8% between 2017 and 2022.
- The Motor segment accounted for market's the largest proportion in 2022, with total gross written premiums of $18.1 billion, equivalent to 38% of the market's overall value.
- According to European Automobile Manufacturers’ Association (ACEA), Italian passenger car sales increased from 104,519 units in November 2021 to 119,853 units in November 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Italy
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy non-life insurance market with five year forecasts by both value and volume
- What was the size of the Italy non-life insurance market by value in 2022?
- What will be the size of the Italy non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Italy non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Italy's non-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?
- 7.6. How has the COVID-19 outbreak impacted the market?
- 8 Company Profiles
- 8.1. Allianz SE
- 8.2. Assicurazioni Generali SpA
- 8.3. AXA SA
- 8.4. UnipolSai Assicurazioni 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 non-life insurance market value: $ billion, 2017-22(e)
- Table 2: Italy non–life insurance market category segmentation: % share, by value, 2017–2022(e)
- Table 3: Italy non-life insurance market category segmentation: $ billion, 2017-2022
- Table 4: Italy non–life insurance market geography segmentation: $ billion, 2022(e)
- Table 5: Italy non-life insurance market value forecast: $ billion, 2022-27
- Table 6: Italy non-life insurance market share: % share, by value, 2022(e)
- 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: AXA SA: key facts
- Table 16: AXA SA: Annual Financial Ratios
- Table 17: AXA SA: Key Employees
- Table 18: AXA SA: Key Employees Continued
- Table 19: AXA SA: Key Employees Continued
- Table 20: UnipolSai Assicurazioni SpA: key facts
- Table 21: UnipolSai Assicurazioni SpA: Annual Financial Ratios
- Table 22: UnipolSai Assicurazioni SpA: Key Employees
- Table 23: UnipolSai Assicurazioni SpA: Key Employees Continued
- Table 24: Italy size of population (million), 2018–22
- Table 25: Italy gdp (constant 2005 prices, $ billion), 2018–22
- Table 26: Italy gdp (current prices, $ billion), 2018–22
- Table 27: Italy inflation, 2018–22
- Table 28: Italy consumer price index (absolute), 2018–22
- Table 29: Italy exchange rate, 2017–21
- List of Figures
- Figure 1: Italy non-life insurance market value: $ billion, 2017-22(e)
- Figure 2: Italy non-life insurance market category segmentation: $ billion, 2017-2022
- Figure 3: Italy non–life insurance market geography segmentation: % share, by value, 2022(e)
- Figure 4: Italy non-life insurance market value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the non-life insurance market in Italy, 2022
- Figure 6: Drivers of buyer power in the non-life insurance market in Italy, 2022
- Figure 7: Drivers of supplier power in the non-life insurance market in Italy, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Italy, 2022
- Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Italy, 2022
- Figure 10: Drivers of degree of rivalry in the non-life insurance market in Italy, 2022
- Figure 11: Italy non-life insurance market share: % share, by value, 2022(e)
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