Latest Italy Headlines
All the headlines from our Italy Topic Page, ordered by recency.
Willis Research Network Teams to Study Quakes with Italy’s EUCENTRE
Jun 17 2008 // The Willis Research Network (WRN), part of Willis Group Holdings Limited, announced that the EUCENTRE in Pavia has joined its network to enhance the quality of the earthquake research and modeling it offers to the...
Ratings Recap: National Grid, HDI (Belgium), HDI (Germany), HDI (Italy)
Dec 19 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of National Grid Insurance Company Ltd. (NGICL), which is based on the Isle of Man, a...
Fires Rage Out of Control in Greece
Jul 27 2007 // Massive fires raged out of control across Greece on Thursday, after killing three people overnight in the south, burning through villages and forests and stretching firefighting services to the limit. Greek Prime Minister...
ACE Europe Management Moves
Jun 29 2007 // The ACE European Group has announced some changes to its Continental European country management with immediate effect, as follows: Jeff Moghrabi is to assume the role of Country Manager for ACE France, replacing Olivier...
AXA Increases Presence in Italy
Mar 26 2007 // AXA SA, France’s largest insurer, said Friday it agreed to buy half of Banca Monte dei Paschi di Siena SpA’s insurance and pensions unit for €1.15 billion ($1.54 billion) in cash. The transaction will be...
S&P Affirms, Withdraws Toro Ratings after Generali Acquisition; Nuova Tirrena Ratings Lowered, Withdrawn
Feb 14 2007 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit and insurer financial strength ratings on Italy’s Toro Assicurazioni SpA with a stable...
Allianz to Integrate Italian Units
Feb 2 2007 // Germany’s Allianz announced that the Boards of Directors of its Italian subsidiary companies, RAS, Lloyd Adriatico and Allianz Subalpina, have adopted a project to integrate their Italian...
S&P Cuts Italy’s Cattolica Ratings to ‘A-‘; Off CreditWatch
Jan 26 2007 // Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on Italy’s composite insurer Società Cattolica di Assicurazione to...
Best Affirms Allianz SE & Subsidiaries ‘A+’ Ratings
Dec 26 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit ratings of “aa-” of German-based Allianz Societas Europaea (Allianz SE) and its subsidiaries. Best...
S&P: Some Ratings ‘Not Affected’ by Italy Downgrade
Oct 20 2006 // After Standard & Poor’s Ratings Services lowered its country ratings on Italy to “A+” from “AA-” it issued a supplementary bulletin that reaffirmed its ratings on three of the...
France vs. Italy in World Cup Final
Jul 5 2006 // An impenetrable defense and a killer penalty goal from its 34-year old captain, Zinadine Zidane, propelled France into the World Cup Football (Soccer) final tonight. The final score – France 1/Portugal 0 –...
Generali to Acquire De Agostini’s Majority Toro Stake; $4.84 Billion Total
Jun 26 2006 // Italy’s largest insurer, Assicurazioni Generali SpA, has signed an agreement for the acquisition of a controlling shareholding in Toro Assicurazioni SpA from Italian publishing group De Agostini the current...
Big ‘I’ Bob Rusbuldt is on the job
Jun 5 2006 // Rusbuldt, chief executive officer of the Independent Insurance Agents and Brokers of America, needs no introduction to independent agents, insurance company executives or the power brokers in Washington, D.C., before whom...
PMI Europe Appoints Giorio New Country Manager for Italy
May 12 2006 // PMI Mortgage Insurance Company Limited (PMI Europe), the European mortgage insurance and credit enhancement subsidiary of The Calif.-based PMI Group, Inc., announced the appointment of Mr. Andrea Giorio as its new Country...
Philly Insurance Agent Wins Seat in Italy’s Parliament
Apr 17 2006 // A Philadelphia insurance agent and a Chicago bakery owner, both newly elected to Italy’s parliament, say Italians living abroad should gain new recognition now that they for the first time have their own...
Lloyd’s and Markel’s Italian Road Show
Mar 28 2006 // Lloyd’s and Markel International have joined forces to tell Italian businesses what the London market can offer. A bulletin on the Lloyd’s Website (www.lloyds.com) notes: “A road show was held in Rome and...
Guy Carpenter Unveils Hail Risk Model for Italy
Mar 14 2006 // Guy Carpenter & Company, Inc., the risk and reinsurance specialist of Marsh & McLennan, has unveiled its new Agricultural Risks Exposures (ERA) model for Italy’s hail insurance market. “The ERA model...
S&P Maintains Stable Outlook on Italian Insurance Industry
Jan 9 2006 // In a recently issued study “Insurance Industry Risk Analysis: Italy (Republic of),” Standard & Poor’s Ratings Services said it is maintaining its stable outlook on the Italian insurance industry....
Munich Re ‘Welcomes’ Italy’s Unicredit Offer for HVB
Jun 13 2005 // Europe’s biggest ever cross-border banking merger moved a step closer over the weekend, as Munich Re announced that it seemed set to approve the offer from UniCredit, Italy’s largest bank, to acquire...
Best Affirms Generali Ratings; Outlook Now Stable
Jan 21 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and assigned an issuer credit rating of “aa-” to Italy’s largest insurer Assicurazioni Generali...
