The forecasted share of households and NPISHs’ life insurance and annuity entitlements in Italy shows a declining trend from 2024 to 2028. Starting at 12.1% of total assets in 2024, the share decreases annually, reaching 9.45% by 2028. This represents a compound annual growth rate (CAGR) decrease of approximately -5.0% over the five-year period. This decline suggests a shift in asset allocation preferences, potentially driven by economic factors or changing consumer financial strategies.
Future trends to watch for include:
- Impact of economic conditions on insurance and annuity investments.
- Evolving consumer preferences towards other financial instruments.
- Regulatory changes affecting the insurance market.
