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Trend and Opportunities in the Italian Non-Life Insurance Industry to 2016: Market Profile Published : July 2012

No. of Pages : 168


Synopsis The report provides in-depth market analysis, information and insights into the Italian non-life insurance market, including: • The Italian non-life insurance market’s growth prospects by non-life insurance categories • The various distribution channels in the Italian non-life insurance market • The competitive landscape in the non-life insurance market in Italy • A description of the non-life reinsurance market in Italy Summary The Italian non-life insurance segment is broadly divided into four categories: general third-party, motor property, marine and aviation and transit. Non-life is the second-largest segment after life insurance in the Italian insurance industry, representing a market share of XX% in 2011. The Italian non-life insurance segment remains stable despite the adverse effects of the global financial crisis and variable domestic economic conditions. However, in 2011, the Italian non-life insurance segment registered growth due to the recovery of the motor insurance category. This was possible due to the government initiatives towards liberalizing the Italian motor insurance category. The liberalization process is expected to support the growth of the non-life insurance segment over the forecast period. As a part of liberalization, the Italian government is aiming to provide discounts to people who can’t afford the motor liability rates in order to stimulate competition, and has introduced seven new articles in order to target the large number of uninsured vehicles, which estimates put at around XX million. Of the seven articles, five are directed towards fraud while the remaining two are designed to encourage competition. Scope This report provides a comprehensive analysis of the non-life insurance market in Italy, including: • It provides historical values for the Italian non-life insurance market for the report’s 2007–2011 review period and forecast figures for 2012–2016 • It offers a detailed analysis of the key sub-segments in the Italian non-life insurance market, along with market forecasts until 2016 • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions in the Italian non-life insurance market • It analyses the various distribution channels for non-life insurance products in Italy • It details the competitive landscape in Italy for the non-life 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 market and each sector within it • Understand the demand-side dynamics, key market trends and growth opportunities within the Italian non-life insurance market • Assess the competitive dynamics in the non-life insurance market • Identify the growth opportunities and market dynamics within key product categories • Gain insights into key regulations governing the Italian insurance market and its impact on companies and the market''s future

Italian Non-Life Insurance Industry:Trend and Opportunities Table of Contents 1 Introduction 1.1 What is this Report About? 1.2 Definitions 1.3 Methodology 2 Italian Insurance Industry Attractiveness 2.1 Insurance Industry Market Size, 2007–2016 2.2 Key Industry Trends and Drivers 2.2.1 Business drivers 2.2.2 Consumer drivers 2.3 Recent Market Developments 3 Non-Life Insurance Segment Outlook 3.1 Non-Life Insurance Growth Prospects by Category 3.2 Property insurance category 3.2.1 Fire and allied perils insurance sub-category 3.2.2 Engineering insurance sub-category 3.2.3 Agriculture insurance sub-category 3.2.4 Other property sub-category 3.3 Motor insurance category 3.3.1 Motor hull sub-category 3.3.2 Motor third-party sub-category 3.4 General Third-Party Category 3.5 Marine, aviation and transit category 3.5.1 Marine sub-category 3.5.2 Marine hull sub-category 3.5.3 Marine third-party sub-category 3.5.4 Aviation sub-category 3.5.5 Transit sub-category 4 Analysis by Distribution Channels 4.1 Direct Marketing Channel 4.2 Bancassurance Channel 4.3 Agencies Channel 4.4 E-Commerce Channel 4.5 Brokers Channel 4.6 Other Channels 5 Appendix 5.1 Methodology 5.2 Contact Us 5.3 About Timetric 5.4 Disclaimer List of Tables List of Figures

Trend and Opportunities in the Italian Non-Life Insurance