- Italy is a developed country located in Southern Europe with a population of 61.4 million. Its main exports include engineering products, textiles, and machinery, while main imports are engineering products, chemicals, and transport equipment.
- Germany, France, and the US are Italy's largest trading partners for both exports and imports. The official language is Italian and the capital and largest city is Rome.
- The insurance market in Italy totals $45.5 billion, with motor insurance dominating the market. Foreign insurers have a strong presence in Italy, accounting for about a third of all non-life insurance companies.