New Market Report Now Available: Non-Life Insurance in Italy, Key Trends and Opportunities to 2017
Italy's recessionary economic environment and ongoing austerity measures adopted created difficult operating conditions for non-life insurers. The segment's gross written premium posted a compound annual growth rate (CAGR) of -1.5% during the review period (2008-2012). The motor insurance category accounted for 67.7% of the segment's written premium, followed by property insurance with a share of 19.6%. A decline in car sales and sluggish construction and property markets constrained demand. The segment is currently undergoing a transitional period and has been...
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