Profits and losses of life insurance companies 2010-2023
The profits made by life insurance companies on the Italian market increased overall between 2010 and 2021, before falling in 2022. The worst performance of the insurance sector in Italy was registered as of 2011, when the losses added up to 2.6 billion euros. In 2022, the operating losses of life insurance companies in Italy amounted to 395 million euros. However, in 2023 the profit of the sector totaled 5.5 billion euros, similar to the one before 2022.