The number of motor insurance companies in Italy decreased in recent years, especially in the land vehicle segment. In 2021, there were 44 insurers offering land vehicle insurance, down from 65 in 2012. The motor insurance segment in Italy is divided into two categories: motor liability (in Italian responsabilita' civile auto), and land vehicle (in Italian corpi veicoli terrestri). Motor liability insurance provides protection for damages caused while driving in case of accidents and covers injuries or damages to third parties and their property. On the other hand, land vehicle insurance is not mandatory and provides a coverage in case of theft, fire, and damage to own vehicle.
Number of motor insurance companies in Italy from 2012 to 2021, by business line
Characteristic
Motor and marine liability
Land vehicle
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Istituto per la vigilanza sulle assicurazioni - IVASS. (February 16, 2023). Number of motor insurance companies in Italy from 2012 to 2021, by business line [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Number of motor insurance companies in Italy from 2012 to 2021, by business line." Chart. February 16, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/
Istituto per la vigilanza sulle assicurazioni - IVASS. (2023). Number of motor insurance companies in Italy from 2012 to 2021, by business line. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/
Istituto per la vigilanza sulle assicurazioni - IVASS. "Number of Motor Insurance Companies in Italy from 2012 to 2021, by Business Line." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/
Istituto per la vigilanza sulle assicurazioni - IVASS, Number of motor insurance companies in Italy from 2012 to 2021, by business line Statista, https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/ (last visited August 25, 2024)
Number of motor insurance companies in Italy from 2012 to 2021, by business line [Graph], Istituto per la vigilanza sulle assicurazioni - IVASS, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/1105550/motor-insurance-companies-by-business-line-italy/