Il Mercato Assicurativo nell'anno 2014
In 2014, there are 124 insurance companies in Italy(compares to 134 in 2013), employing 47,452 people(compares to 47,936 in 2013).
In 2014, the total gross written premiums for insurance in Italy is €143.318bn, an increase of €24.904bn or 21.03% compares to €118.414bn in 2013.
The total benefits and claims paid for insurance in Italy in 2014 is €87.030bn, a decrease of €3.999bn or 4.39% compares to €91.029bn in 2013.
On a per capita basis, an average of €2,358 was spent on insurance in Italy in 2014, €374 more compares to €1,984 in 2013.
Insurance penetration in Italy increased on average from 7.4% in 2013 to 8.9% in 2014.
Italy insurers total investment portfolio has increase from €562.960bn in 2013 to €629.566bn in 2014, an increase of €66.606bn or 10.58%.
In 2014, Italy ranked fourth in European insurance market in terms of total gross written premiums.
Life Insurance
In 2014, the total gross written premiums for life insurance in Italy is €110.518bn, an increase of €25.418bn or 29.87% compares to €85.100bn in 2013.
The total benefits paid for life insurance in Italy in 2014 is €64.327bn, a decrease of €2.461bn or 3.68% compares to €66.788bn in 2013.
On a per capita basis, an average of €1,818 was spent on life insurance in Italy in 2014, €392 more compares to €1,426 in 2013.
Life insurance penetration in Italy decreased on average from 5.3% in 2013 to 6.9% in 2014.
Italy life insurers total investment portfolio has increase from €483.901bn in 2013 to €549.861bn in 2014, an increase of €65.96bn or 13.63%.
Non-Life Insurance
In 2014, the total gross written premiums for non-life insurance in Italy is €32.800bn, a decrease of €0.514bn or 1.54% compares to €33.314bn in 2013.
The total claims paid for non-life insurance in Italy in 2014 is €30.418bn, an increase of €7.536bn or 32.93% compares to €22.882bn in 2013.
On a per capita basis, an average of €540 was spent on non-life insurance in Italy in 2014, €18 less compares to €558 in 2013.
Non-Life insurance penetration in Italy decreased on average from 2.1% in 2013 to 2.0% in 2014.
Italy non-life insurers total investment portfolio has increase from €79.059bn in 2013 to €79.705bn in 2014, an increase of €0.646bn or 0.82%.
Motor Insurance
In 2014, the total gross written premiums for motor insurance in Italy is €17.598bn, a decrease of €1.046bn or 5.61% compares to €18.644bn in 2013.
The total claims paid for motor insurance in Italy in 2014 is €12.244bn, a decrease of €0.938bn or 7.12% compares to €13.182bn in 2013.
On a per capita basis, an average of €290 was spent on motor insurance in Italy in 2014, €22 less compares to €312 in 2013.
Motor insurance penetration in Italy decreased on average from 1.2% in 2013 to 1.1% in 2014.
Property Insurance
In 2014, the total gross written premiums for property insurance in Italy is €5.072bn, an increase of €0.125bn or 2.53% compares to €4.947bn in 2013.
The total claims paid for property insurance in Italy in 2014 is €3.679bn, an increase of €0.751bn or 25.65% compares to €2.928bn in 2013.
On a per capita basis, an average of €83 was spent on property insurance in Italy in 2014, similar to 2013.
Property insurance penetration in Italy on average is 0.3% in 2014, similar to 2013.
Il Mercato Assicurativo nell'anno 2013
In 2013, there are 225 insurance companies in Italy(compares to 226 in 2012), employing 47,936 people(compares to 47,712 in 2012).
In 2013, the total gross written premiums for insurance in Italy is €118.787bn, an increase of €13.659bn or 12.99% compares to €105.128bn in 2012.
The total benefits and claims paid for insurance in Italy in 2013 is €90.823bn, a decrease of €9.407bn or 9.39% compares to €100.230bn in 2012.
On a per capita basis, an average of €1,990 was spent on insurance in Italy in 2013, €220 more compares to €1,770 in 2012.
Insurance penetration in Italy increased on average from 6.71% in 2012 to 7.61% in 2013.
Italy insurers total investment portfolio has increase from €526.975bn in 2012 to €562.960bn in 2013, an increase of €35.985bn or 6.83%.
In 2013, Italy ranked fourth in European insurance market in terms of total gross written premiums.
Life Insurance
In 2013, the total gross written premiums for life insurance in Italy is €85.100bn, an increase of €15.385bn or 22.07% compares to €69.715bn in 2012.
The total benefits paid for life insurance in Italy in 2013 is €66.582bn, a decrease of €8.317bn or 11.10% compares to €74.899bn in 2012.
On a per capita basis, an average of €1,426 was spent on life insurance in Italy in 2013, €252 more compares to €1,174 in 2012.
Life insurance penetration in Italy decreased on average from 4.45% in 2012 to 5.46% in 2013.
Italy life insurers total investment portfolio has increase from €451.255bn in 2012 to €483.901bn in 2013, an increase of €32.646bn or 7.23%.
In 2012, the life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 71.9% via bancassurance, 16.3% via agents,
10.7% via direct writing and 1.1% via brokers.
Non-Life Insurance
In 2013, the total gross written premiums for non-life insurance in Italy is €33.687bn, a decrease of €1.726bn or 4.87% compares to €35.413bn in 2012.
The total claims paid for non-life insurance in Italy in 2013 is €24.241bn, a decrease of €1.09bn or 4.30% compares to €25.331bn in 2012.
On a per capita basis, an average of €564 was spent on non-life insurance in Italy in 2013, €32 less compares to €596 in 2012.
Non-Life insurance penetration in Italy decreased on average from 2.26% in 2012 to 2.16% in 2013.
Italy non-life insurers total investment portfolio has increase from €75.720bn in 2012 to €79.059bn in 2013, an increase of €3.339bn or 4.41%.
In 2012, the non-life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 81.0%% via agents, 8.1% via direct writing,
7.6% via brokers and 3.3% via bancassurance.
Motor Insurance
In 2013, the total gross written premiums for motor insurance in Italy is €18.676bn, a decrease of €1.548bn or 7.65% compares to €20.224bn in 2012.
The total claims paid for motor insurance in Italy in 2013 is €14.073bn, a decrease of €1.197bn or 7.84% compares to €15.270bn in 2012.
On a per capita basis, an average of €313 was spent on motor insurance in Italy in 2013, €28 less compares to €341 in 2012.
Motor insurance penetration in Italy decreased on average from 1.29% in 2012 to 1.20% in 2013.
Health Insurance
In 2013, the total gross written premiums for health insurance in Italy is €2.070bn, a decrease of €0.066bn or 3.09% compares to €2.136bn in 2012.
The total benefits paid for health insurance in Italy in 2013 is €1.465bn, a decrease of €0.055bn or 3.62% compares to €1.520bn in 2012.
On a per capita basis, an average of €35 was spent on health insurance in Italy in 2013, €1 less compares to €36 in 2012.
Health insurance penetration in Italy in 2012 remained the same as in 2011, 0.14% on average.
Property Insurance
In 2013, the total gross written premiums for property insurance in Italy is €4.947bn, an increase of €0.03bn or 0.61% compares to €4.917bn in 2012.
The total claims paid for property insurance in Italy in 2013 is €3.600bn, an increase of €0.296bn or 8.96% compares to €3.304bn in 2012.
On a per capita basis, an average of €83 was spent on property insurance in Italy in 2013, similar to 2012.
Property insurance penetration in Italy increased on average from 0.31% in 2012 to 0.32% in 2013.
Il Mercato Assicurativo nell'anno 2012
In 2012, there are 226 insurance companies in Italy(compares to 231 in 2011), employing 47,712 people(compares to 47,477 in 2011).
In 2012, the total gross written premiums for insurance in Italy is €105.128bn, a decrease of €5.10bn or 4.63% compares to €110.228bn in 2011.
The total benefits and claims paid for insurance in Italy in 2012 is €100.230bn, a decrease of €1.484bn or 1.46% compares to €101.714bn in 2011.
On a per capita basis, an average of €1,770 was spent on insurance in Italy in 2012, €87 less compares to €1,857 in 2011.
Insurance penetration in Italy decreased on average from 6.98% in 2011 to 6.71% in 2012.
Italy insurers total investment portfolio has increase from €511.384bn in 2011 to €526.975bn in 2012, an increase of €15.591bn or 3.05%.
In 2012, Italy ranked fourth in European insurance market in terms of total gross written premiums.
Life Insurance
In 2012, the total gross written premiums for life insurance in Italy is €69.715bn, a decrease of €4.154bn or 5.62% compares to €73.869bn in 2011.
The total benefits paid for life insurance in Italy in 2012 is €74.899bn, a decrease of €0.352bn or 0.47% compares to €75.251bn in 2011.
On a per capita basis, an average of €1,174 was spent on life insurance in Italy in 2012, €70 less compares to €1,244 in 2011.
Life insurance penetration in Italy decreased on average from 4.67% in 2011 to 4.45% in 2012.
Italy life insurers total investment portfolio has increase from €437.347bn in 2011 to €451.255bn in 2012, a decrease of €13.908bn or 3.18%.
In 2011, the life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 73.1% via bancassurance, 16.4% via agents,
9.5% via direct writing and 1.0% via brokers.
Non-Life Insurance
In 2012, the total gross written premiums for non-life insurance in Italy is €35.413bn, a decrease of €0.946bn or 2.60% compares to €36.359bn in 2011.
The total claims paid for non-life insurance in Italy in 2012 is €25.331bn, a decrease of €1.132bn or 4.28% compares to €26.463bn in 2011.
On a per capita basis, an average of €596 was spent on non-life insurance in Italy in 2012, €16 less compares to €612 in 2011.
Non-Life insurance penetration in Italy decreased on average from 2.30% in 2011 to 2.26% in 2012.
Italy non-life insurers total investment portfolio has increase from €74.037bn in 2011 to €75.720bn in 2012, an increase of €1.683bn or 2.27%.
In 2011, the non-life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 81.8%% via agents, 7.6% via brokers,
7.0% via direct writing, 3.5% via bancassurance and 0.1% via other channels.
Motor Insurance
In 2012, the total gross written premiums for motor insurance in Italy is €20.224bn, a decrease of €0.461bn or 2.23% compares to €20.685bn in 2011.
The total claims paid for motor insurance in Italy in 2012 is €15.270bn, a decrease of €1.310bn or 7.90% compares to €16.580bn in 2011.
On a per capita basis, an average of €341 was spent on motor insurance in Italy in 2012, €7 less compares to €348 in 2011.
Motor insurance penetration in Italy decreased on average from 1.31% in 2011 to 1.29% in 2012.
Health Insurance
In 2012, the total gross written premiums for health insurance in Italy is €2.136bn, a decrease of €0.036bn or 1.66% compares to €2.172bn in 2011.
The total benefits paid for health insurance in Italy in 2012 is €1.520bn, an increase of €0.045bn or 3.05% compares to €1.475bn in 2011.
On a per capita basis, an average of €36 was spent on health insurance in Italy in 2012, €1 less compares to €37 in 2011.
Health insurance penetration in Italy in 2012 remained the same as in 2011, 0.14% on average.
Property Insurance
In 2012, the total gross written premiums for property insurance in Italy is €4.917bn, a decrease of €0.072bn or 1.44% compares to €4.989bn in 2011.
The total claims paid for property insurance in Italy in 2012 is €3.304bn, an increase of €0.321bn or 10.76% compares to €2.983bn in 2011.
On a per capita basis, an average of €83 was spent on property insurance in Italy in 2012, €1 less compares to €84 in 2011.
Property insurance penetration in Italy decreased on average from 0.32% in 2011 to 0.31% in 2012.
Il Mercato Assicurativo nell'anno 2011
In 2011, there are 231 insurance companies in Italy(compares to 234 in 2010), employing 47,477 people(compares to 47,185 in 2010).
In 2011, the total gross written premiums for insurance in Italy is €110.228bn, a decrease of €15.492bn or 12.32% compares to €125.720bn in 2010.
The total benefits and claims paid for insurance in Italy in 2011 is €101.714bn, an increase of €8.738bn or 6.95% compares to €92.976bn in 2010.
On a per capita basis, an average of €1,857 was spent on insurance in Italy in 2011, €267 less compares to €2,124 in 2010.
Insurance penetration in Italy decreased on average from 8.09% in 2010 to 6.98% in 2011.
Italy insurers total investment portfolio has decrease from €517.014bn in 2010 to €511.384bn in 2011, a decrease of €5.63bn or 1.09%.
In 2011, Italy ranked fourth in European insurance market in terms of total gross written premiums.
Life Insurance
In 2011, the total gross written premiums for life insurance in Italy is €73.869bn, a decrease of €16.245bn or 18.03% compares to €90.114bn in 2010.
The total benefits paid for life insurance in Italy in 2011 is €75.251bn, an increase of €9.821bn or 15.01% compares to €65.430bn in 2010.
On a per capita basis, an average of €1,244 was spent on life insurance in Italy in 2011, €278 less compares to €1,522 in 2010.
Life insurance penetration in Italy decreased on average from 5.80% in 2010 to 4.67% in 2011.
Italy life insurers total investment portfolio has decrease from €442.574bn in 2010 to €437.347bn in 2010, a decrease of €5.227bn or 1.18%.
In 2010, the life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 76.3% via bancassurance, 15.3% via agents,
7.4% via direct writing and 1.0% via brokers.
Non-Life Insurance
In 2011, the total gross written premiums for non-life insurance in Italy is €36.359bn, an increase of €0.753bn or 2.11% compares to €35.606bn in 2010.
The total claims paid for non-life insurance in Italy in 2011 is €26.463bn, a decrease of €1.083bn or 3.93% compares to €27.546bn in 2010.
On a per capita basis, an average of €612 was spent on non-life insurance in Italy in 2011, €10 more compares to €602 in 2010.
Non-Life insurance penetration in Italy remained on average at 2.30% in 2011, similar to 2010.
Italy non-life insurers total investment portfolio has decrease from €74.441bn in 2010 to €74.037bn in 2011, a decrease of €0.404bn or 0.54%.
In 2010, the non-life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 82.4% via agents, 7.7% via brokers,
6.6% via direct writing and 3.3% via bancassurance.
Motor Insurance
In 2011, the total gross written premiums for motor insurance in Italy is €20.685bn, an increase of €0.822bn or 4.14% compares to €19.863bn in 2010.
The total claims paid for motor insurance in Italy in 2011 is €16.580bn, a decrease of €0.771bn or 4.44% compares to €17.351bn in 2010.
On a per capita basis, an average of €348 was spent on motor insurance in Italy in 2011, €12 more compares to €336 in 2010.
Motor insurance penetration in Italy increased on average from 1.28% in 2010 to 1.31% in 2011.
Health Insurance
In 2011, the total gross written premiums for health insurance in Italy is €2.172bn, an increase of €0.005bn or 0.23% compares to €2.167bn in 2010.
The total benefits paid for health insurance in Italy in 2011 is €1.475bn, a decrease of €0.035bn or 2.32% compares to €1.510bn in 2010.
On a per capita basis, an average of €37 was spent on health insurance in Italy in 2011, similar to 2010.
Health insurance penetration in Italy in 2011 remained the same as in 2010, 0.14% on average.
Property Insurance
In 2011, the total gross written premiums for property insurance in Italy is €4.989bn, an increase of €0.027bn or 0.54% compares to €4.962bn in 2010.
The total claims paid for property insurance in Italy in 2011 is €2.983bn, a decrease of €0.178bn or 5.63% compares to €3.161bn in 2010.
On a per capita basis, an average of €84 was spent on property insurance in Italy in 2011, similar to 2010.
Property insurance penetration in Italy in 2011 remained the same as in 2010, 0.32% on average.
Il Mercato Assicurativo nell'anno 2010
In 2010, there are 234 insurance companies in Italy(compares to 233 in 2009), employing 47,185 people(compares to 47,369 in 2009).
In 2010, the total gross written premiums for insurance in Italy is €125.720bn, an increase of €7.918bn or 6.72% compares to €117.802bn in 2009.
The total benefits and claims paid for insurance in Italy in 2010 is €92.976bn, an increase of €7.146bn or 8.33% compares to €85.830bn in 2009.
On a per capita basis, an average of €2,124 was spent on insurance in Italy in 2010, €127 more compares to €1,997 in 2009.
Insurance penetration in Italy increased on average from 7.75% in 2009 to 8.09% in 2010.
Italy insurers total investment portfolio has increase from €489.479bn in 2009 to €517.014bn in 2010, an increase of €27.353bn or 5.59%.
In 2010, Italy ranked fourth in European insurance market in terms of total gross written premiums.
Life Insurance
In 2010, the total gross written premiums for life insurance in Italy is €90.114bn, an increase of €8.998bn or 11.09% compares to €81.116bn in 2009.
The total benefits paid for life insurance in Italy in 2010 is €65.430bn, an increase of €8.696bn or 15.33% compares to €56.734bn in 2009.
On a per capita basis, an average of €1,522 was spent on life insurance in Italy in 2010, €147 more compares to €1,375 in 2009.
Life insurance penetration in Italy increased on average from 5.34% in 2009 to 5.80% in 2010.
Italy life insurers total investment portfolio has increase from €410.827bn in 2009 to €442.574bn in 2010, an increase of €31.747bn or 7.73%.
In 2009, the life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 74.4% via bancassurance, 15.9% via agents,
8.7% via direct writing and 1.0% via brokers.
Non-Life Insurance
In 2010, the total gross written premiums for non-life insurance in Italy is €35.606bn, a decrease of €1.08bn or 2.94% compares to €36.686bn in 2009.
The total claims paid for non-life insurance in Italy in 2010 is €27.546bn, a decrease of €1.55bn or 5.33% compares to €29.096bn in 2009.
On a per capita basis, an average of €602 was spent on non-life insurance in Italy in 2010, €20 less compares to €622 in 2009.
Non-Life insurance penetration in Italy decreased on average from 2.41% in 2009 to 2.30% in 2010.
Italy non-life insurers total investment portfolio has decrease from €78.652bn in 2009 to €74.441bn in 2010, an increase of €4.211bn or 5.35%.
In 2009, the non-life insurance distribution channel in Italy(by insurance premiums underwritten) can be brokendown into 83.0% via agents, 7.9% via brokers,
6.0% via direct writing and 3.1% via bancassurance.
Motor Insurance
In 2010, the total gross written premiums for motor insurance in Italy is €19.863bn, a decrease of €0.263bn or 1.31% compares to €20.126bn in 2009.
The total claims paid for motor insurance in Italy in 2010 is €17.351bn, a decrease of €0.595bn or 3.32% compares to €17.946bn in 2009.
On a per capita basis, an average of €336 was spent on motor insurance in Italy in 2010, €5 less compares to €341 in 2009.
Motor insurance penetration in Italy decreased on average from 1.32% in 2009 to 1.28% in 2010.
Health Insurance
In 2010, the total gross written premiums for health insurance in Italy is €2.167bn, a decrease of €0.027bn or 1.23% compares to €2.194bn in 2009.
The total benefits paid for health insurance in Italy in 2010 is €1.510bn, a decrease of €0.036bn or 2.33% compares to €1.546bn in 2009.
On a per capita basis, an average of €37 was spent on health insurance in Italy in 2010, similar to 2009.
Health insurance penetration in Italy in 2010 remained the same as in 2009, 0.14% on average.
Property Insurance
In 2010, the total gross written premiums for property insurance in Italy is €4.962bn, a decrease of €0.117bn or 2.30% compares to €5.079bn in 2009.
The total claims paid for property insurance in Italy in 2010 is €3.161bn, a decrease of €0.583bn or 15.57% compares to €3.744bn in 2009.
On a per capita basis, an average of €84 was spent on property insurance in Italy in 2010, €2 less compares to €86 in 2009.
Property insurance penetration in Italy decreased on average from 0.33% in 2009 to 0.32% in 2010.
Other Non-Life Insurance
In 2010, the total gross written premiums for other non-life insurance in Italy is €8.731bn, a decrease of €0.556bn or 5.99% compares to €9.287bn in 2009.
On a per capita basis, an average of €144 was spent on other non-life insurance in Italy in 2010, €10 less compares to €154 in 2009.
Other non-life insurance penetration in Italy decreased on average from 0.61% in 2009 to 0.56% in 2010.
Il Mercato Assicurativo nell'anno 2009
As at 31st December 2009, there are 159 insurance companies in Italy authorised to pursue insurance and reinsurance business, compares to 163 in the same period in 2008.
64 companies is in life insurance(65 in 2008), 78 companies is in non-life insurance(80 in 2008), 14 companies is in both life and non-life insurance(17 in 2008).
There are 3 insurance companies with head office in a non-EU country operating in Italy(the same as 2008).
In 2009, the gross premiums written(premi lordi contabilizzati) for Italian and foreign portfolio amounted to €120,924 million, an increase of €25,931 million or 27.3%
compares to €94,993 million in 2008. The Italian portfolio(direct and indirect/diretto ed indiretto) made up of of €119,333 million, an increase of €25,940 million or 27.78%
compares to €93,393 million in 2008.
Premi portafoglio diretto italiano/Italian direct insurance premiums portfolio
In 2009, the gross premiums written(premi lordi contabilizzati) for Italian direct insurance portfolio amounted to €117,799 million, an increase of €25,783 million or 27.02%
compares to €92,016 million in 2008. In 2009 the ratio between the premiums of the Italian direct portfolio and the GDP showed an increase and stood at 7.7%
The premium written for non-life insurance is amounted to €36,679 million, a decrease of €772.5 million or 2.06% compares to €37,451.5 million in 2008.
Whereas the premium written for life insurance is amounted to €81,120 million, a whopping increase of €26,555 million or 48.67% compares to €54,565 million in 2008.
The motor insurance/settore auto (motor vehicle liability and land vehicles/r.c.auto e corpi dei veicoli terrestri) made up 17.1% of total premiums written, and 54.8% of
the non-life sector (22.6% and 55.6% respectively in 2008).
The reinsurance, essentially unchanged compared to 2008, accounted for 10% of the talian direct portfolio in non-life insurance business and around 2% in the life insurance business.