Market Report, "Life Insurance in Italy, Key Trends and Opportunities to 2017", Published
The Italian insurance industry was the fourth-largest in Europe in 2012, behind the UK, France and Germany. Persistent economic challenges and fiscal austerity measures adopted by the government during the review period led to a decline in household income and a rise in unemployment, impacting the demand for insurance. However, while demand for insurance products declined during 2011-2012, gross written premiums grew at an overall review-period CAGR of 3.4% to value EUR105.1 billion (US$135.2 billion) in 2012. The Italian insurance...
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