In 2023, household expenditure on insurance in Italy was recorded at 26.01 billion euros. The forecasted data from 2024 to 2028 indicates a consistent year-on-year increase: 2.42% in 2024, 2.40% in 2025, 2.35% in 2026, 2.26% in 2027, and 2.17% in 2028. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is projected to be approximately 2.32%.
Future trends to watch for include:
- Potential impacts of regulatory changes in the insurance sector
- Economic factors such as inflation and GDP growth
- Technological advancements and their effect on insurance product offerings
- Shifts in consumer behavior and preferences
- Global economic and political stability
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