Summary
Non-Life Insurance in Italy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). 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. Any currency conversions used in the report have been calculated using constant 2017 annual average exchange rates.
- The Italian non-life insurance market had total gross written premiums of $41.5bn in 2017, representing a compound annual rate of change (CARC) of -1% between 2013 and 2017.
- The motor segment was the market's most lucrative in 2017, with total gross written premiums of $17.0bn, equivalent to 40.9% of the market's overall value.
- The losses of the market in 2016 were limited due to the strong growth of written premiums in the accident and health insurance segment and a marginal peak in property insurance. However, the gross written premiums of motor insurance continued to decline amid falling prices of policies, which subsequently drove down the whole market.
Scope
- 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
Reasons to buy
- What was the size of the Italy non-life insurance market by value in 2017?
- What will be the size of the Italy non-life insurance market in 2022?
- 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 competitiors in Italy's non-life insurance market?
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Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market share 12
Market Outlook 13
Market value forecast 13
Five Forces Analysis 14
Summary 14
Buyer power 15
Supplier power 17
New entrants 19
Threat of substitutes 21
Degree of rivalry 22
Leading Companies 24
Allianz Group 24
AXA SA 28
Unipol Gruppo SpA 33
Assicurazioni Generali SpA 37
Macroeconomic Indicators 41
Country data 41
Methodology 43
Industry associations 44
Related MarketLine research 44
Appendix 45
About MarketLine 45
List of Tables
Table 1: Italy non-life insurance market value: $ billion, 2013–17
Table 2: Italy non–life insurance market category segmentation: $ billion, 2017
Table 3: Italy non–life insurance market geography segmentation: $ billion, 2017
Table 4: Italy non-life insurance market share: % share, by value, 2017
Table 5: Italy non-life insurance market value forecast: $ billion, 2017–22
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (€)
Table 9: Allianz Group: key financial ratios
Table 10: AXA SA: key facts
Table 11: AXA SA: key financials ($)
Table 12: AXA SA: key financials (€)
Table 13: AXA SA: key financial ratios
Table 14: Unipol Gruppo SpA: key facts
Table 15: Unipol Gruppo SpA: key financials ($)
Table 16: Unipol Gruppo SpA: key financials (€)
Table 17: Unipol Gruppo SpA: key financial ratios
Table 18: Assicurazioni Generali SpA: key facts
Table 19: Assicurazioni Generali SpA: key financials ($)
Table 20: Assicurazioni Generali SpA: key financials (€)
Table 21: Assicurazioni Generali SpA: key financial ratios
Table 22: Italy size of population (million), 2013–17
Table 23: Italy gdp (constant 2005 prices, $ billion), 2013–17
Table 24: Italy gdp (current prices, $ billion), 2013–17
Table 25: Italy inflation, 2013–17
Table 26: Italy consumer price index (absolute), 2013–17
Table 27: Italy exchange rate, 2013–17
List of Figures
Figure 1: Italy non-life insurance market value: $ billion, 2013–17
Figure 2: Italy non–life insurance market category segmentation: % share, by value, 2017
Figure 3: Italy non–life insurance market geography segmentation: % share, by value, 2017
Figure 4: Italy non-life insurance market share: % share, by value, 2017
Figure 5: Italy non-life insurance market value forecast: $ billion, 2017–22
Figure 6: Forces driving competition in the non-life insurance market in Italy, 2017
Figure 7: Drivers of buyer power in the non-life insurance market in Italy, 2017
Figure 8: Drivers of supplier power in the non-life insurance market in Italy, 2017
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Italy, 2017
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Italy, 2017
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Italy, 2017
Figure 12: Allianz Group: revenues & profitability
Figure 13: Allianz Group: assets & liabilities
Figure 14: AXA SA: revenues & profitability
Figure 15: AXA SA: assets & liabilities
Figure 16: Unipol Gruppo SpA: revenues & profitability
Figure 17: Unipol Gruppo SpA: assets & liabilities
Figure 18: Assicurazioni Generali SpA: revenues & profitability
Figure 19: Assicurazioni Generali SpA: assets & liabilities
