-

Best's Market Segment Report: AM Best Maintains Negative Outlook on Italy’s Life Insurance Segment

AMSTERDAM--(BUSINESS WIRE)--AM Best is maintaining its negative outlook on Italy’s life insurance segment.

In its new Best’s Market Segment Report, “Market Segment Outlook: Italy Life Insurance”, AM Best notes that while it expects premium growth momentum to continue in 2025, insurers in Italy are still facing elevated levels of surrenders which failed to scale down as hoped. These surrenders continue to exert pressure on net flows, especially with regards to capital-light products.

The report also states that the Italian life insurance segment continues to exhibit an elevated level of concentration, by players and distribution channels. With roughly half of total life premiums written by three companies and distributed through bancassurance channels, these characteristics act as barriers to entry for new companies and prevent smaller participants from gaining market share.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=354173.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Andrea Porta
Financial Analyst
+31 20 808 1700
andrea.porta@ambest.com

Jose Berenguer
Associate Director, Analytics
+31 20 808 2276
jose.berenguer@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280

edem.kuenyehia@ambest.com

AM Best


Release Versions
Hashtags

Contacts

Andrea Porta
Financial Analyst
+31 20 808 1700
andrea.porta@ambest.com

Jose Berenguer
Associate Director, Analytics
+31 20 808 2276
jose.berenguer@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280

edem.kuenyehia@ambest.com

Social Media Profiles
More News From AM Best

Best's Review Looks at What’s Next in 2026

OLDWICK, N.J.--(BUSINESS WIRE)--The January issue of Best’s Review offers a variety of viewpoints about key issues for 2026: “Forward Thinking: Executives Discuss AI, Regulation, Secondary Perils” features insight from leaders across the insurance spectrum on emerging trends, organizational goals and recent successes that are shaping the industry’s future. “Forward Thinking: Views From the Top” presents opinions from executives and brokers about the significant issues they believe are being ove...

AM Best Assigns Credit Ratings to Aspida Re Cayman Ltd.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Aspida Re Cayman Ltd. (AReC) (Cayman Islands). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect AReC’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). AReC provides rein...

AM Best Affirms Credit Ratings of Colonnade Insurance S.A.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Colonnade Insurance S.A. (Colonnade) (Luxembourg), a member of the Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH] group of companies. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Colonnade’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,...
Back to Newsroom