The value of motor insurance premiums written in Italy are falling overall, though land vehicle premiums reached a 10-year-high in 2022. In that year, motor and marine liability insurance premiums amounted to 11.7 billion euros and land vehicle insurance premiums climbed to 3.5 billion euros.
The motor insurance segment in Italy is divided into two categories: motor liability (in Italian responsabilita' civile auto), and land vehicle (in Italian corpi veicoli terrestri). Motor liability insurance provides protection for damages caused while driving in case of accidents and covers injuries or damages to third parties and their property. On the other hand, land vehicle insurance is not mandatory and provides coverage in case of theft, fire, and damage to own vehicle.
Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type
(in million euros)
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Istituto per la vigilanza sulle assicurazioni - IVASS. (January 24, 2024). Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type (in million euros) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type (in million euros)." Chart. January 24, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. (2024). Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type (in million euros). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Value of Gross Motor Insurance Premiums Written in Italy from 2013 to 2022, by Type (in Million Euros)." Statista, Statista Inc., 24 Jan 2024, https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/
Istituto per la vigilanza sulle assicurazioni - IVASS, Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type (in million euros) Statista, https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/ (last visited November 09, 2024)
Value of gross motor insurance premiums written in Italy from 2013 to 2022, by type (in million euros) [Graph], Istituto per la vigilanza sulle assicurazioni - IVASS, January 24, 2024. [Online]. Available: https://www.statista.com/statistics/1105448/motor-insurance-gross-written-premiums-italy-by-type/