Daniel Slotta
Research expert covering Greater China
Motor insurance market in Italy - statistics & facts
With over 40 million vehicles registered in Italy and mandatory motor liability insurance, it should come as no surprise that motor insurance is one of the largest segments in the insurance sector. Indeed, motor insurance gross written premiums reached 15 billion euros in 2021 and accounted for nearly half of the total gross written premiums in the non-life insurance sector. There are two main motor insurance types in Italy: motor hull insurance and motor liability insurance. The latter is mandatory to have in order to drive legally in the country. Thus, it comes as no surprise that motor liability insurance premiums account for the majority of gross written premiums of the Italian market leaders.
