Insurance premium income continues to grow in Italy. In 2014, says IVASS, "the overall premium income achieved by Italian insurance companies and by the representations in Italy of non-European companies continued the growth trend started in 2013 after two years of declines, amounting to 143,3 billion euro , with a growth of 20,6%”.
The incidence of total premiums (life and non-life) on GDP is growing, from 7,4% in 2013 to 8,9% in 2014. However, there are "different trends between the two segments: the strong increase in life premium income equal to 110,5 billion (+29,8%) is offset by the decrease in non-life premium income equal to 32,8 billion (-2,6%).
