Companies on the Italian insurance market 2011-2017
Number of companies operating on the insurance market in Italy from 2011 to 2017
At the end of 2017, there were 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), 103 of which were domestic companies. In that same year, the sector counted approximately 47 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 2017, insurance premiums written on the Italian market reached 98.6 billion euros for the life segment and 32.3 billion euros for non-life insurance. In that same year, 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 is fiercer: Unipol Sai leads 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.
Number of companies operating on the insurance market in Italy from 2011 to 2017
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| Domestic market | Total market | |
|---|---|---|
| 2017 | 103 | 1,188 |
| 2016 | 112 | 1,214 |
| 2015 | 117 | 1,220 |
| 2014 | 124 | 1,220 |
| 2013 | 134 | 1,433 |
| 2012 | 137 | 1,424 |
| 2011 | 144 | 1,410 |
Source
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Statistics on "Non-life insurance in Italy"
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