After More Than a Decade of Impressive Growth, the Italian Life Market is Still Considered to Be One of the Most Attractive in Europe for Financial Services Providers.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c30197) has announced the addition of Market Profile: Individual Life Insurance and Pensions in Italy to their offering. After more than a decade of impressive growth, the Italian life market is still considered to be one of the most attractive in Europe for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. providers. At the same time, the market is evolving rapidly with major product, distribution and regulatory changes underway. This report provides detailed facts and figures on the individual life insurance and pensions market in Italy. In addition it analyses the latest trends and developments in products, distribution channels and the competitive landscape. Prepared by an experienced insurance consulting team based in Italy, the report provides essential information on the key features of the Italian life and pensions market, the main trends and opportunities. The report addresses key questions including: --What is the size and structure of the Italian individual life and pensions market? Who are the main players and how are they positioned? --What is the attitude of Italian households towards life insurance and pensions products? What are their needs and expectations? --What are the main distribution channels, what is their positioning and which customers do they target? --What are the most popular products and the latest product development trends? What are the key changes in the product/distribution channel mix? --What are the main development opportunities in the Italian market? Report highlights: The Italian market continued to grow in 2004 although at a slower pace than in previous years. The incentives to develop private pensions through the creation of Individual Pension Plans (PIPs) failed to boost the market in 2004. Italian households favour security for their investments ahead of higher potential returns. Bancassurance Bancassurance A French term referring to the selling of insurance through a bank's established distribution channels. Notes: The result is a bank that can offer banking, insurance, lending, and investment products to a customer. continues to dominate the market though in recent years the growth has been driven more by small and medium-size banks while some of the major players have struggled recently. Bancassurers have had to adapt their product offering to meet client demand for more security. Agents have benefited from the market trend to more guaranteed products. Agents and financial promoters PROMOTERS. In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties. have taken a dominant position in the individual pensions market. The market in general has moved towards traditional guaranteed products and index-linked products at the expense of unit-linked products. New reforms are expected to boost the individual pensions market by redirecting employee severance The act of dividing, or the state of being divided. The term severance has unique meanings in different branches of the law. Courts use the term in both civil and criminal litigation in two ways: first, when dividing a lawsuit into two or more parts, and second, when indemnity Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. (TFR TFR Total fertility rate, see there ) into supplementary pension products. However there are still some uncertainties surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. the regulation. Why You Need This Report --Provides extensive and up to date data and statistics on the Italian market --Gives an in-depth view of the features of the Italian life and pensions market and the latest industry trends --Provides information on the main players and on their product and distribution strategies --Analyses the key features of the products launched in 2004 --Assesses the opportunities in the Italian market. For more information visit http://www.researchandmarkets.com/reports/c30197 |
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