Latest Italy Headlines

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

Investigators Probe Failure of Italy’s Vega C Rocket; Satellite Insurers Expect Profit Hit

Dec 22 2022 // An investigation is being launched after the latest version of Italy’s Vega C rocket failed on its second mission, destroying two Earth-imaging satellites and further complicating Europe’s access to space on...

People Moves: Sompo Int’l Taps Zurich’s Brand as President, Continental Europe; HDI Global Specialty Promotes Candi in Italy Branch; DUAL APAC Promotes 2 Execs

Sep 2 2022 // This edition of International People Moves details appointments at Sompo International, HDI Global Specialty, and DUAL Asia Pacific.A summary of these new hires follows here. Sompo International Taps Zurich’s Brand...

Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister

Sep 2 2022 // Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier...

People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re

Jun 27 2022 // This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL.A summary of these new hires follows here. Miller Expands Into Media &...

Credit Agricole Italy Weighs Investing in Banco BPM’s Insurance Business

May 24 2022 // Credit Agricole Italy is interested in investing in the insurance activities of Banco BPM, the French banking group’s Italy head said on Monday.Banco BPM has exercised a call option to gain full ownership of its...

People Moves: QBE Hires RSA’s Germain as Group CIO; MS Amlin Taps AXIS’ Ferguson for Open Mkt. Property; Generali Names 3 for Italy, Global Business Lines

May 16 2022 // This edition of International People Moves details appointments at QBE Insurance, MS Amlin, and Generali.A summary of these new hires follows here. QBE Hires RSA’s Germain as Group Chief Information OfficerQBE...

Italy OKs Treasury Taking Control of Credit Insurance Agency SACE

Jan 25 2022 // Italy approved a long-awaited decree needed for the Treasury to buy credit insurance agency SACE from state lender Cassa Depositi e Prestiti (CDP) in a deal expected to be worth around 4.25 billion euros ($4.81 billion),...

Howden Acquires Italy’s Tower SpA

Jan 24 2022 // Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and risk consulting company.This follows the acquisition of the highly regarded Andrea...

Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership

Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership.On the last day of Generali’s...

Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer

Oct 22 2021 // MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday.The move brings Italy’s top...

VW to Appeal Italy Court Decision Ordering $236M Payment in Dieselgate Class Action

Jul 8 2021 // Volkswagen said on Thursday it would appeal against a decision by an Italian court ordering the German group to refund consumers participating in a class action lawsuit over the carmaker’s rigging of diesel emissions...

Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica

Jun 1 2021 // Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t already own in smaller rival Societa Cattolica di Assicurazioni, as part of a...

Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich

May 21 2021 // MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile...

Italy’s Generali Buys Stake in E-scooter Operator Ridemovi

May 10 2021 // MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond.Ridemovi, which operates...

Update – Italy’s Generali Eyes €2 Billion Acquisition in Russia: Source

Mar 17 2021 // MILAN – Italy’s top insurer Generali is considering an acquisition in Russia worth about 2 billion euros ($2.4 billion), although the project is still at a very early stage, a source close to the situation said on...

Italy’s Generali Expects to Hit 2021 Targets After Reporting ‘Excellent’ Results in 2020

Mar 11 2021 // MILAN – Generali is confident it can hit its targets this year after Italy’s biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit.Operating profit,...

Italy’s Top Insurer Generali to Invest €3.5B in COVID-Hit European Countries

Feb 24 2021 // MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19.The plan, dubbed...

Italy’s Banco BPM to Acquire Full Control of Insurance Joint Ventures with Cattolica

Dec 16 2020 // MILAN — Italy’s Banco BPM said it would end an insurance partnership with Cattolica by acquiring full control of their joint-ventures, in a move that may ease a mooted tie-up with BPER Banca.Banco BPM said late...

Aviva in Talks to Sell Units in France, Poland and Italy, CEO Confirms

Nov 30 2020 // Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and Italy as part of her overhaul of the insurance giant.The company is still in the “early stages for...

Italy’s UnipolSai Stays on Profit Track Despite Coronavirus Resurgence

Nov 13 2020 // UnipolSai, Italy’s second-largest insurer, confirmed its full-year targets on Friday after a 37.7% rise in nine-month earnings, despite an uncertain economic outlook caused by the resurgence of the COVID-19...