Latest Italy Headlines

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

Casualty Actuaries Should Consider Foreign Customs, Economics, Politics

Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...

Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali

Feb 7 2011 // An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender.Investors are...

Best Revises Outlook on Italy’s Cattolica; Affirms Ratings

Jan 26 2011 // 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...

Droughts, Floods, Snow and Cold Hit Global Commodities

Dec 15 2010 // Droughts and deluges in Australia, snow in Europe and cold snaps in the United States are pushing up prices of a range of commodities from sugar to heating oil and soybeans.Australia typically ranks as second in the league...

Zurich in Alliance with Italy’s SACE to Promote Global Surety Business

Dec 2 2010 // Zurich North America announced from its Illinois headquarters that its International Surety, Credit & Political Risk group has executed an alliance agreement with SACE, Italy’s insurance and financial group...

Crawford Italy in Potential Acquisition Discussions with Studio Bolton

Nov 12 2010 // Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford & Company Italia, together with William Bolton, Chairman of Studio Bolton &...

Best Affirms Generali’s ‘A+’ Ratings; Outlook Stable

Nov 9 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Italy’s Assicurazioni Generali S.p.A., both...

Ratings Roundup: Allianz (Italy), MAPFRE PRAICO, Maiden

Jun 18 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the...

Bermuda Signs Tax Accord with Italy

May 18 2010 // Bermuda’s Minister of Finance, the Hon. Paula A. Cox, announced that Bermuda has concluded negotiations for a bilateral agreement with the Italian Republic that will, “upon signing later this year, provide for...

Willis Research Warns of Costly Consequences of Volcanic Eruptions

May 12 2010 // The world’s attention has been focused on the plumes of ash that continue to rise into the sky from the Eyjafjallajökull volcano in Iceland. The microscopic grit in the ash cloud poses an ongoing threat to...

Italy’s Mt. Vesuvius Ranked as Europe’s Most Dangerous Volcano

Apr 15 2010 // A major eruption of Italy’s Mount Vesuvius could result in 8,000 fatalities, 13,000 serious injuries and total economic losses of more than $24 billion, says a new study.According to the Willis Research Network...

Italian Court Convicts Google Executives for Italy Autism Video

Feb 25 2010 // A Milan court convicted three Google Inc executives on Wednesday for violating the privacy of an Italian boy with autism by letting a video of him being bullied be posted on the site in 2006.Google will appeal the...

Italian Auto Insurers’ Shares Could Gain from Price Increases

Feb 12 2010 // Shares in Italy’s top motor insurers could become more attractive this year because of the likely success of tariff [premium] increases in a market where rivalry from online and bank sales is still weak. Fund...

Best Affirms Generali’s ‘A+’ Ratings

Oct 13 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa-” of Italy’s Assicurazioni Generali S.p.A., both with stable outlooks. Best also...

U.S. RE in Alliance with Italy’s Sfrorni

Oct 8 2009 // New York-based U.S. RE Corporation, the international reinsurance brokerage firm, has formed a strategic alliance with Bruno Sforni S.p.A, an insurance and reinsurance broker located in Milan, Italy. The Company followed...

Ratings: Allianz (Italy), Hatherley, Jamaica, China Ins. (Singapore), Arab Orient

Jun 2 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. The ratings reflect the...

Piccolomini Named Marsh Italy CEO; Cordero di Vonzo General Manager

Apr 27 2009 // Marsh has appointed Flavio Piccolomini as CEO of Marsh Italy and Emanuele Cordero di Vonzo as General Manager.Piccolomini joins Marsh after 18 years with Willis, where, after holding a number of different positions, he was...

Willis Research Network Reports on Hazard Risk Assessment Conference

Apr 27 2009 // Last Thursday, April 23, the Willis Research Network (WRN), which is supported by Munich Re, Risk Management Solutions and Swiss Re, held a conference at the General Assembly of European Geosciences Union (EGU) in Vienna....

UPDATE: 1 in 4 Homes Damaged by Italian Quake Says RMS

Apr 10 2009 // Risk Management Solutions’ latest bulletin on the devastating earthquake, which struck Italy on Monday, estimates that “at least one in four homes in the epicentral area of L’Aquila have been...

RMS Analyzes Italian Quake

Apr 7 2009 // The earthquake that struck the Italian city of L’Aquila, the regional capital of Abruzzi in central Italy, is now measured at a strong magnitude 6.3 on the Richter scale, according to Risk Management Solutions...