Latest Italy Headlines

All the headlines from our Italy Topic Page, ordered by recency.

Insurance Covered Half of U.S. Disaster Costs in 2012: Swiss Re

Mar 27 2013 // Natural catastrophes and man-made disasters caused $186 billion in economic losses globally in 2012 and took approximately 14,000 lives, according to global insurer Swiss Re’s latest sigma study. The United States...

Finaccord Reports on Bancassurance in Global Markets

Mar 14 2013 // A new report from UK based market research, publishing and consulting firm Finaccord notes that “emerging markets in the Asia-Pacific region and Latin America offer the most growth potential for bancassurers but the...

Zurich’s European Survey Confirms Insurance Isn’t a Luxury in Economic Crisis

Jan 15 2013 // A survey conducted by GfK on behalf of Zurich Insurance Group analyzed how the people in seven different European countries are dealing with their insurance needs in the light of the ongoing economic crisis. Insurance...

New Generali Boss Promises ‘Revolution’ at Italian Insurer

Jan 14 2013 // Mario Greco, the new boss of Europe’s 3rd largest insurance group, Italy’s Generali, has vowed to boost operating profit by a quarter via an ambitious turnaround strategy that focuses on “value over...

Which Insurance Products Do Europeans Rate Tops? Zurich Survey Answers

Nov 7 2012 // Pressure at work and school, the financial crisis and concerns about their families are keeping Europeans awake at night, according to a survey conducted by Zurich Insurance Group in eight European countries. Getting sick...

Indiana Doctor Nabbed in Italy Gets 7 Years in Prison

Oct 15 2012 // A former Indiana surgeon arrested on a snowy Italian mountainside after five years on the run was handed a stiff prison term Friday for billing insurers and patients for procedures he didn’t perform, with the federal...

Best Reports Italy’s Non-Life Insurance Sector Faces Shifting Landscape

Oct 11 2012 // The Italian non-life insurance market faces changes as the sector is subject to new legislation and industry consolidation, while the country’s ongoing economic challenges constrain demand for coverage, according to...

U.S. Lawsuits Target Carnival in Italy Cruise Crash

Sep 13 2012 // Hundreds of passengers from the stricken Italian cruise ship Costa Concordia and up to 1,000 businesses on the island where it ran aground are pressing ahead with lawsuits in the U.S. against Miami-based Carnival Corp.,...

Europe Drawn Back to its First Problem – Greece

Aug 27 2012 // The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether to give the country yet more help or cut it loose. For all its complexities, Greece’s problems...

Swiss Re Reports Italian Insurance Market at ‘Crossroads’ of Change

Aug 27 2012 // According to Swiss Re’s latest study – The Italian insurance market: opportunities in the land of the Renaissance – “Italy stands at the crossroads of economic and social change, and therefore offers...

ECB Head Sends Strong Signal Bank Will Act to Protect Euro Zone

Jul 26 2012 // European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from collapse, sending a strong signal that inflated Spanish and Italian borrowing costs were in his...

Euro Zone May Be Fragmenting Faster than EU Can Act

Jul 10 2012 // Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it. Euro zone leaders agreed in principle on June 29 to establish a joint banking supervisor for the...

Europe’s Tower of Babel Hampers Solution to Euro Crisis

Jun 26 2012 // As Europe considers a leap towards closer integration to try to save the euro single currency, it resembles the biblical Tower of Babel – unable to complete an ambitious project because the residents don’t...

Euro Zone’s Big Four Agree on $163 Billion Growth Boost; Split on Euro Bonds

Jun 22 2012 // The leaders of Germany, France, Italy and Spain agreed on Friday on a €130 billion ($163 billion) package to try to revive economic growth in Europe but differed over whether and how to launch joint bonds to combat the...

Italy Regulators Conditionally Approve Unipol – Fondiaria-SAI Merger

Jun 21 2012 // Italy’s antitrust and insurance regulators have given conditional clearance for a plan by insurer Unipol to take over its loss-making peer Fondiaria-SAI, removing most of the regulatory hurdles hanging over the deal...

G20 Backs Europe’s Plans for Euro Zone Overhaul to Fight Crisis

Jun 20 2012 // Europe won support from world leaders on Tuesday for an ambitious, but slow-moving, overhaul of the euro zone, even as pressure built in financial markets for quicker solutions to its debt crisis that threatens the world...

Analysis: EU’s Spain Bank Rescue May Bring only Brief Respite

Jun 11 2012 // Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece’s debt crisis flares again but any respite for Madrid and the euro may be...

Aon Benfield May Cat Report Highlights Italian Quakes; $6 Billion Econ. Loss

Jun 8 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has released its latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide...

Italy to Hike Petrol Tax to Fund Quake Relief

May 30 2012 // The Italian government will raise excise duties on petrol to fund aid for the Emilia-Romagna region affected by Monday’s earthquake, a statement said. The Cabinet also decided that nationwide spending curbs affecting...

Another Earthquake Strikes Northern Italy

May 29 2012 // On Tuesday, May 29 a Mw5.8 (moment magnitude) earthquake struck the Emilia-Romagna region of northern Italy, a little more than a week after a Mw6.0 earthquake struck the region on Sunday, May 20. According to the U.S....