Latest Italy Headlines
All the headlines from our Italy Topic Page, ordered by recency.
Coronavirus Update: On Decline in China But of Rising Concern in South Korea, Italy, Iran
Feb 25 2020 // Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, heightening its international isolation as dozens of worst-hit nations from South Korea to Italy accelerated emergency measures to curb the...
Roehler Succeeds Theis on Allianz Board of Management
Feb 21 2020 // Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, is retiring at his own request on March 31, 2020 after more than 33 years at...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$798M: PERILS
Dec 27 2019 // The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018 rose to A$798 million ($553.2 million), according to PERILS, the independent Zurich-based...
Victor Launches Lloyd’s Syndicate 2288; Frances Named Active Underwriter
Dec 10 2019 // Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence underwriting effective January 1, 2020 with stamp capacity of...
Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency
Nov 15 2019 // Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark late morning Friday, the Ansa news agency reported. The historic city is still reeling from...
Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer
Oct 10 2019 // Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank’s strategy, nearly a month after he snapped up a 7% stake that...
AXA XL Appoints Ex-Zurich Executive Longo as Country Leader, Italy
Sep 27 2019 // AXA XL Insurance announced the appointment of Saverio Longo as country leader, Italy. He will join AXA XL in November and will be based in Milan. He succeeds Simona Fumagalli, who was appointed head of International...
Swiss Re Corporate Solutions Appoints Semprini from HDI Global as Head Italy
Sep 23 2019 // Swiss Re Corporate Solutions has appointed Francesco Semprini as head Italy, effective Nov. 1, 2019. Based in Milan, Semprini will be responsible for managing the strategy, development and performance of Swiss Re Corporate...
Bellomi to Replace Semprini Who Will Step Down as HDI Global’s Head of Italy Branch
Sep 23 2019 // HDI Global SE announced that Francesco Semprini, the long serving managing director of its Italy branch is leaving the company on Oct. 31 to become Swiss Re Corporate Solutions’ head Italy. He will be succeeded by...
Probe into Deadly Genoa Bridge Collapse Reveals Falsified Safety Reports: Police
Sep 17 2019 // The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull support, sources said on...
AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe
Jul 31 2019 // AXA XL Insurance announced the appointment of Simona Fumagalli as head of International Financial Lines, Europe, based in Milan. In her new role, Fumagalli will be responsible for developing the business line’s...
Update: Italy’s Generali Calls on China to Further Open Financial Services Sector
Jul 10 2019 // Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more to open up its financial services industry to Italian firms and other foreign...
Notre Dame Fire Should Be Wake-Up Call for State of Other European Monuments
Apr 23 2019 // It’s a thin line where the patina of age on Europe’s countless monuments gives way to the onset of neglect. Like with so many loved ones, all is assumed to be fine, until suddenly it’s not. In the wake of...
Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet
Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...
Italy’s Generali Beats Targets, Reports 9.4% Rise in Net Profit for 2018
Mar 14 2019 // Italy’s top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in net and operating profits. In a statement on Thursday, the company said it was...
Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues
Feb 4 2019 // An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to a growing market for insurance to brighten their prospects. Intesa SanPaolo has marketed the...
ArgoGlobal and Italian Insurtech Firm Provide On-Demand Insurance for Gig Workers
Jan 16 2019 // ArgoGlobal Assicurazioni S.p.A, a subsidiary of specialty re/insurer Argo Group International Holdings Ltd., is working with insurtech startup Axieme to provide on-demand, pay-as-you-go insurance for temporary and...
Italy’s Atlantia Sets Aside $400M to Rebuild Genoa Bridge; Reveals Insurer Dispute
Nov 12 2018 // Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed. The...
Generali’s 9-Month Net Profit Rises 27% to $2 Billion
Nov 8 2018 // Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals. Net profit reached 1.86...
Swiss Re to Post ‘Large’ Q3 Losses from Italy Bridge Collapse, Natural Disasters
Oct 18 2018 // Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms. Natural disaster claims,...
