Companies on the Italian insurance market 2011-2019

At the end of 2019, there were over 1.2 thousand companies operating on the Italian insurance market (domestic companies, branches of EU/EEA companies established in the country and companies operating in the country through Freedom of Service), 101 of which were domestic companies. In that same year, the sector counted approximately 46.6 thousand 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.