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Insurance in Italy

The insurance market of Italy plays less essential role in national economy because of conservatism of system of insurance, slow implementation of innovations, absence of diversification of activities of insurance companies adjacent areas of financial and credit system, a rigid state regulation of activities of insurance companies.

About 50% of the general collection are the share of insurance of the risks connected to knowledge of the car. The majority of insurance companies - private joint-stock companies.

The largest insurance company of Italy – Assicurazioni Generali entering ten the leading insurance companies of the world, the organization is engaged in all types of insurance, including property, life insurance, reinsurance and controls at least 12% of the market of life insurance in Italy and at least 8% - the market of property insurance.

Category: Insurance history in the different countries of the world | Added by: Chance23 (21.04.2014)
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