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Leading ten insurance groups in Italy by gross premiums 2019

In 2019, the leading insurance group in Italy in terms of total gross premiums written was Assicurazioni Generali. Generali reported that the group’s premiums in both life and non-life segments reached a value of over 68 billion euros. This figure was almost four times as much as the figure reported by Poste Vita, second in the ranking with just under 18 billion euros worth of gross premiums written.

One of the main players in the sector

Founded in Trieste in 1831, Generali grew in importance and market influence, becoming one of the leading insurance companies in Italy and in Europe. In fact, as of 2019, Generali reported worldwide gross written premiums worth 48 billion euros in the life segment and over 21 billion euros in the non-life segment. Despite operating on a global scale, Generali’s principal market remains Italy.

Insurance in Italy

The Italian insurance market is one of the largest in Europe. In 2018, the total value of gross direct written premiums on the Italian market amounted to 135 billion euros. Most of the premiums originated from the life insurance segment, i.e. almost 100 billion euros in 2017, whereas the non-life segment contributed with approximately 32 billion euros in the same year.

Leading ten insurance groups in Italy in 2019, by gross premiums written

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Source

Release date

October 2020

Region

Italy

Survey time period

2019

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Statistics on "Insurance in Italy"

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