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