In a briefing in Rome, officials from the Italian Insurance Supervisory Authority (Ivass) presented the latest quarterly figures, showing that total insurance premium collection remained unchanged in the first quarter of the year.
According to the data, the life insurance segment recorded a decline, reversing the modest gains seen in previous periods. In contrast, the non‑life or damage segment continued to expand, adding to the overall stability of the market.
Ivass said the flat premium level reflects a balance between the weakening demand for life policies and the sustained growth of property and casualty products. The authority highlighted that the trend underscores divergent dynamics within the Italian insurance sector.
Industry analysts noted that the persistent rise in damage premiums may be linked to heightened awareness of risk and increased pricing of motor and property coverage. Meanwhile, the drop in life premiums could signal shifting consumer preferences or the impact of broader economic factors.
Ivass will monitor the developments closely and plans to release a more detailed report later in the year, which could inform regulatory adjustments and market strategies.