The Italian Motor Insurance Market: Will the Recent Interventions Solve the Old Efficiency Problems?
Abstract
Among the main European countries, Italy continues to be the one with the highest frequency of accidents and the highest average cost of damages. Moreover, there is a relationship between premiums and compensation costs: insurance premiums follow the trend of accident frequency and the average cost of claims. Therefore, this paper analyses the dynamics of the Italian insurance market in terms of premiums, claims and fraud. It then considers recent public interventions in relation to their efficiency in dealing with the problem of the excessively high level of premiums. Finally, an explanation is found for the weakness of competition and the distributional structure of Italian insurance companies.
Autore Pugliese
Tutti gli autori
-
D. Porrini
Titolo volume/Rivista
GENEVA PAPERS ON RISK AND INSURANCE-ISSUES AND PRACTICE
Anno di pubblicazione
2014
ISSN
1018-5895
ISBN
Non Disponibile
Numero di citazioni Wos
Nessuna citazione
Ultimo Aggiornamento Citazioni
Non Disponibile
Numero di citazioni Scopus
Non Disponibile
0
Ultimo Aggiornamento Citazioni
26/04/2018
Settori ERC
Non Disponibile
Codici ASJC
Non Disponibile
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