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Market segment outlook : Italy non-life insurance

Section: Electronic documents
Title: Market segment outlook : Italy non-life insurance / A.M. Best CompanyAuthor: A.M. Best Company
Publication: New Jersey : A.M. Best Company, 2026Physical description: 4 p.Series: (Best's Market Segment Report ; May 11, 2026)Notes: Sumario: The report maintains a Stable outlook for Italy's non-life insurance segment in 2026. AM Best expects steady, albeit slower, top-line growth as repricing decelerates, especially in motor, with profitability supported by prior rate actions. A manageable additional fiscal burden arises from the 2026 Budget Law (DTA suspension, IRAP +2%, and a flat 12.5% premium tax for car-related covers), likely passed on to policyholders. Non-motor lines are gaining relevance, supported by mandatory catastrophe coverage for corporates effective March 31, 2026. The regulatory environment remains stable and aligned with the EU; Solvency II review by 2027 should provide capital relief and reduce volatility. The macro outlook shows modest GDP growth (0.5% in 20262027) and inflation above the ECB target, with risks from tariffs, euro strength, and global uncertainty.Materia / lugar / evento: Mercado de seguros Perspectivas del seguro Seguros no vida Property-casualty Perspectivas económicas Italia Otros autores: A.M. Best Company Other categories: 219