The Italian Institute for Insurance Supervision (IVASS) published a statistical bulletin on motor insurance, reviewing trends in motor third-party liability for cars and boats and in motor vehicle hull (CVT) business in 2024 and the first half of 2025. Premiums written by supervised undertakings totalled EUR 17.5bn in 2024, equal to 42.8% of non-life output and up 8% year on year, with growth continuing in the first half of 2025 at a more moderate pace; the bulletin also notes the increasing role of add-on covers in policyholder protection. In motor third-party liability, 2024 premiums reached EUR 13bn (+6.5%), with the average premium up 7% to EUR 338 and the number of insured vehicles slightly down (-0.6%). Claims frequency was stable at 5%, while average claim cost rose 6.8% to EUR 5,422; the line remained profitable due to financial income even as the technical result deteriorated to EUR 362m (from EUR 581m in 2023). The number of operators has fallen by 14% since 2014, and European Economic Area firms accounted for 14.9% of the market; margins per policy were generally lower in provinces with higher costs, with Naples, Caserta and Prato highlighted as exceptions. In CVT, premiums were EUR 4.5bn (+14%) or 11.1% of non-life, with EEA firms writing EUR 572m (+30.9%) for an 11.2% share; over half of motor third-party contracts included at least one add-on cover, most commonly fire (31.4%), glass (29%) and theft (27.2%), with higher take-up in northern provinces. CVT claims frequency and average cost fell, with the average claim at EUR 1,865 (-6.6%), and the line returned to profit at EUR 221m after a loss in 2023.

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