Assicurazioni Generali SpA is looking to sell Tua Assicurazioni, a unit inherited from its purchase of a smaller Italian rival, people with knowledge of the matter said. The insurer has hired advisers to sell the non-life company, which is valued …
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 move loud and clear since June …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton Reinsurance Bermuda Ltd., Wilton Reassurance Company (Plymouth, MN), Texas Life Insurance Company (Waco, …
A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Italy’s Societa Cattolica di Assicurazione – Societa Cooperativa. …
