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Individual sickness insurance loss ratio in Italy from 2018 to 2021

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Source

Release date

July 2022

Region

Italy

Survey time period

2018-2021

Supplementary notes

In Italy health insurance is divided into sickness insurance and injury insurance. "Sickness insurance policies provide financial aid in case of sickness, but not of violent injuries. They can be individually or collectively subscribed and they cover medical expenses, hospitalizations and permanent disabilities resulting from diseases."

Data prior to 2019 from earlier publications by the source.

Citation formats

Individual sickness insurance loss ratio in Italy 2018-2021

Published by A. Minhas, Jul 5, 2022
The loss ratio of individual sickness policies in Italy fluctuated slightly between 2018 and 2021. In 2021, the loss ratio of sickness insurance policies increased to **** percent. Since the loss ratio is the losses an insurer incurs due to paid claims as a percentage of premiums earned, a loss ratio of less than ** percent means for every 100 euros collected, less than ** euros are paid out in claims. This figure shows the individual sickness insurance loss ratio in Italy from 2018 to 2021.
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