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Market segment outlook : Italy non-life insurance

MARC record
Tag12Value
LDR  00000cam a22000004 44500
001  MAP20260015149
003  MAP
005  20260603180730.0
008  260511s2026 usa|||| ||| ||eng d
040  ‎$b‎spa‎$a‎MAP‎$d‎MAP
084  ‎$a‎219
1102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
24510‎$a‎Market segment outlook‎$b‎: Italy non-life insurance‎$c‎A.M. Best Company
260  ‎$a‎New Jersey‎$b‎A.M. Best Company‎$c‎2026
300  ‎$a‎4 p.
4900 ‎$a‎Best's Market Segment Report‎$v‎May 11, 2026
505  ‎$a‎Top Line Growth Although Repricing Actions Expected to Decelerate -- Additional Fiscal Burden from the 2026 Budget Law Expected to be Manageable -- Non-Motor Lines of Business are Gaining Relevance -- Stable Regulatory Environment -- Economic Overview -- Guide to Best's Market Segment Outlooks
520  ‎$a‎The 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.
650  ‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650  ‎$0‎MAPA20080611880‎$a‎Perspectivas del seguro
650  ‎$0‎MAPA20080573935‎$a‎Seguros no vida
650  ‎$0‎MAPA20080581978‎$a‎Property-casualty
650  ‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
651  ‎$0‎MAPA20080637767‎$a‎Italia
7102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company