All the headlines from our Italy Topic Page, ordered by recency.
Jan 16 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Italy’s Societa Cattolica di Assicurazione Coop a RL (Cattolica) with a “stable” outlook.“The rating reflects the...
Nov 13 2002 // Boston-based AIR Worldwide announced that the company’s manager of engineering analysis, Dr. Paolo Bazzurro, has been selected to lead a group of engineers organized by the Earthquake Engineering Research Institute...
Nov 1 2002 // An Italian court has dealt another blow to the ongoing merger plans between SAI and La Fondiaria, aimed at forming the country’s third largest insurance group. This week’s ruling overturns a finding by Consob,...
Sep 20 2002 // To no one’s surprise shareholders of Italy’s Societa Assicuratrice Industriale (SAI) have approved a merger with rival insurer La Fondiaria SpA which will create Italy’s largest p/c insurer and...
Feb 4 2002 // U.S. investment bank JP Morgan Chase will enter the convoluted world of Italian finance with its agreement to acquire a 22 percent interest in Italian insurer Fondiaria along with two other investors for € 812 million...
Jan 15 2002 // Roberto Gavazzi, the CEO of Italian insurance group Fondiaria, which is being sought as a merger partner by both SAI, another Italian insurer, and Fiat’s insurance subsidiary Toro (See IJ Website Jan. 11) reportedly...
Apr 3 2001 // After the U.S., Canada, France, Spain and Australia, ING, Holland’s giant banking and insurance group, has brought its one-stop bank, ING Direct, to Italy. The opening is the latest in ING’s efforts to build a...
Oct 27 2000 // The European Commission, the European Union’s administrative arm, has given the Italian government three weeks in which to end its price freeze on automobile insurance premiums, in effect since the beginning of the...
Oct 16 2000 // The week-long rains which caused heavy damages in Southern England have subsided there, but new storms over the weekend in the Alps caused swollen rivers to overflow and produced a number of mudslides destroying buildings...