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Insurance: Ania, premium collection returns to profits excluding motor liability

In the second quarter, premium income in the non-life classes turned positive again (+1,6%), net of the motor sector which was still making a loss. The turnaround after a long period of red tape – Overall funding remains negative (-2,6%)

Insurance: Ania, premium collection returns to profits excluding motor liability

First signs of trust for the growth of the economy also in the insurance sector. According to the data provided by the research office of theAnia in the monthly newsletter 'Ania Trends', for the first time in a few years, there is an increase in premium income from the non-life classes of Italian companies and non-EU foreign representations, with the exception of the auto sector. The written premiums of the other non-life classes at the end of the second quarter of 2015 increased by1,6% compared to the same period of 2014 with a volume of 7383 million. In particular, the classes that show above-average growth were: Health (1.033 million; +2,0%), General TPL (1.378 million; +4,1%), Marine hulls (112 million; +7,2 .269%), Pecuniary losses (8,2 million; +162%), Legal expenses (8,2 million; +303%) and Assistance (11,2 million; +XNUMX%).

As regards the car branch one is reported negative trend change of 7%. This is the 12th consecutive quarterly decline. Due to the new heavy drop in collection in the automotive sector, the overall figure is down by 2,6% compared to the same quarter of the previous year. To find a positive year-on-year percentage change for the motor class, we need to go back to the second quarter of 2012 when an increase of 0,3% was recorded compared to the same period of the previous year. 

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