Number of insurance companies in Italy 1999-2022
46,600 employees working in the domestic market.
The Italian insurance market
The insurance industry can be broken down into two main categories, life and non-life. In 2018, insurance premiums written on the Italian market reached approximately 102 billion euros for the life segment and approximately 33.1 billion euros for non-life insurance. One year later, the Italian insurance market was the fourth largest in Europe in terms of total premiums written.
Leading companies
The life insurance market in Italy is dominated by Poste Vita, a company that registered a market share of 17.5 percent in terms of gross written premiums in 2017. On the other hand, when looking at the leading companies in the non-life insurance segment, competition was fiercer: Unipol Sai lead the market with a market share of approximately 19 percent, followed by Generali Italia with 13.5 percent and Allianz with a market share of about 10 percent.
In 2022, there were less than 200 companies operating on the Italian insurance market. In that same year, the sector counted approximately The Italian insurance market
The insurance industry can be broken down into two main categories, life and non-life. In 2018, insurance premiums written on the Italian market reached approximately 102 billion euros for the life segment and approximately 33.1 billion euros for non-life insurance. One year later, the Italian insurance market was the fourth largest in Europe in terms of total premiums written.
Leading companies
The life insurance market in Italy is dominated by Poste Vita, a company that registered a market share of 17.5 percent in terms of gross written premiums in 2017. On the other hand, when looking at the leading companies in the non-life insurance segment, competition was fiercer: Unipol Sai lead the market with a market share of approximately 19 percent, followed by Generali Italia with 13.5 percent and Allianz with a market share of about 10 percent.