Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Italy: portfolio lapse index 2012-2016, by type

This timeline provides information about the portfolio lapse index on the life insurance market in Italy from 2012 to 2016, broken down by type. A glance at the graph reveals a general downward trend in the portfolio lapse index during the period under observation. Particularly, both the surrender and maturity index values have considerably decreased over the period, reaching 6.7 percent and 2.5 percent, respectively, by the end of 2016. By contrast, the claim index value remained constant, being assessed at 1.3 percent.

Portfolio lapse index composition on the life insurance market in Italy from 2012 to 2016, by type

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until May 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

January 2017

Region

Italy

Survey time period

2012 to 2016

Supplementary notes

A lapse is the cessation of a privilege, right or policy due to time or inaction, so a lapse of a privilege due to inaction occurs when the party that is to receive the benefit does not fulfill the conditions or requirements set forth by a contract or agreement.

When a policy has lapsed, the benefits and everything stated in the contract no longer remains active. When policy holders stop paying premiums and when the account value of the policy has already been exhausted, the policy lapses.

Thus, the lapse ratio represents the percentage of policies that were not renewed, and thus have lapsed in coverage. Lapsed policies are not the same as canceled policies.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Insurance in Italy"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.