Les Rendez-Vous de Septembre
Montecarlo 2003
“The Italian Non-Life insurance market in 2002”
Sergio Desantis
Associazione Nazionale fra le Imprese Assicuratrici
Non-Life insurance premiums
1993 = 100
32.417
155,9
Written premiums
(Euro million)
18.133
7,6%
4,8%
5,2%
G.D.P.
7,3%
6,7%
6,7%
7,1%
6,2%
1997
1998
1999
2000
8,3%
100
1993
1994
1995
1996
2001
2002
% of annual change
1
Pro-capite Non-Life premiums
900
799,9
1999
800
722,8
700
648,5
639,7
Values in Euro
600
2000
2001
707,1 708,8
603,0
537,3 552,2
500
427,9
400
390,3 406,1
300
200
100
0
U.K.
France
Germany
2
Italy
% Ratio of Non-Life premiums to G.D.P.
4,0
1999
2000
3,5
3,0
2,5
2,0
1,5
1,0
0,5
0,0
U.K.
France
Germany
3
Italy
2001
Total Non-Life market
Combined Ratio
Premiums (Euro million)
35.000
30.000
120
111,0
108,1
32.417
100
97,4
25.000
20.000
107,4
102,0
27.875
29.920
80
26.246
24.501
60
15.000
40
10.000
20
5.000
0
0
1998
1999
2000
4
2001
2002
Fire
(in 2002, 6,1% of total market)
Combined Ratio
Premiums (Euro million)
2.500
120
101,7
2.000
1.500
88,9
1.660
84,1
82,5
1.657
1.701
92,8
1.978
1.771
100
80
60
1.000
40
500
20
0
0
1998
1999
2000
5
2001
2002
Personal Accidents
(in 2002, 8,1% of total market)
Premiums (Euro million)
Combined Ratio
3.000
2.500
120
94,1
93,0
89,0
2.000
1.500
2.263
2.380
89,3
86,9
100
2.530
2.622
80
60
2.208
1.000
40
500
20
0
0
1998
1999
2000
6
2001
2002
General Third Party Liability
(in 2002, 7,6% of total market)
Combined Ratio
Premiums (Euro million)
3.000
2.500
160
145,1
133,9
135,7
2.229
2.000
1.500
131,0
1.820
1.920
132,7
140
2.472
120
100
2.033
80
60
1.000
40
500
20
0
0
1998
1999
2000
7
2001
2002
Motor
(in 2002, 60,5% of total market)
Premiums (Euro million)
Other Motor Risks
Motor Third Party Liability
Combined Ratio
25.000
120
20.000
15.000
2.614
2.678
2.810
2.955
100
80
2.539
60
10.000
5.000
140
11.767
13.249
14.221
15.342
16.652
40
20
0
0
1998
Other Motor Risks
Total Motor
1999
2000
2001
Motor Third Party Liability
8
2002
Les Rendez-Vous de Septembre
Montecarlo 2003
“The Italian Non-Life insurance market in 2002”
Sergio Desantis
Associazione Nazionale fra le Imprese Assicuratrici