A.M. Best CompanyMarket segment outlook : Italy non-life insurance / A.M. Best Company. — New Jersey : A.M. Best Company, 20264 p.
. — (Best's Market Segment Report ; May 11, 2026)Top 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. — 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 uncertainty1. Mercado de seguros. 2. Perspectivas del seguro. 3. Seguros no vida. 4. Property-casualty. 5. Perspectivas económicas. 6. Italia. I. A.M. Best Company. II. Título.
