All the headlines from our Italy Topic Page, ordered by recency.
Feb 4 2019 // 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...
Jan 16 2019 // ArgoGlobal Assicurazioni S.p.A, a subsidiary of specialty re/insurer Argo Group International Holdings Ltd., is working with insurtech startup Axieme to provide on-demand, pay-as-you-go insurance for temporary and...
Nov 12 2018 // Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed.The...
Nov 8 2018 // Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals.Net profit reached 1.86 billion...
Oct 18 2018 // Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms.Natural disaster claims,...
Aug 22 2018 // Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge’s strength by 20 percent – a finding that came months before it collapsed...
Aug 16 2018 // Italy’s biggest toll-road operator came under heavy stock-market attack on Thursday after Rome criticized it for a deadly bridge collapse this week, moving to revoke its concession and accusing it of failing to...
Aug 15 2018 // Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and...
Aug 14 2018 // A bridge on the main highway running down the Italian Mediterranean coast collapsed in Genoa, with the death toll reported to be 35 people while others were trapped in the rubble.A police video showed the viaduct...
Jul 3 2018 // Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re, begun writing marine business in the U.S. for the first time, and is opening for business in Italy.Scott Johnson, formerly with Munich...
Jun 28 2018 // Italy’s Generali is expected to start exclusive talks shortly over the potential sale of its 40 billion euro ($48 billion) German life insurance portfolio to private equity-backed Viridium, a person close to the...
Mar 14 2018 // Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe.Neither side disclosed financial details. Argo Group CEO Mark E. Watson III...
Feb 1 2018 // Two people in Italy and five U.S. residents have been charged in a fraud and drug trafficking conspiracy to distribute opioids in Florida and Tennessee, leading to hundreds of deaths, federal prosecutors said last...
Jan 25 2018 // Italy’s billionaire Benetton family plans to boost its stake in Assicurazioni Generali SpA, the country’s biggest insurer, to as much as 2 percent as part of a strategy to increase investments in the financial...
Oct 27 2017 // The property insurance market’s losses from the series of earthquakes to hit Central Italy between Oct. 26 and Oct. 30, 2016 has risen to €208 million (US$244.4 million), according to PERILS, the independent...
Oct 20 2017 // Neon announced the launch of an underwriting operation in Italy with Cambiaso Risso, a leading Italian marine broker who will have a minority shareholding in the venture.Based in Genoa, Neon Italy will initially target...
Oct 19 2017 // Willis Towers Watson has named Gianmarco Tosti as the new country leader of Italy.He starts his new role on Jan. 1, 2018, and will be based in Milan. Tosti will also take up the role of head of Corporate Risk and Broking...
Oct 6 2017 // Warren Buffett is expanding his wager on Italy.The billionaire’s Berkshire Hathaway Inc. said Thursday it agreed to buy about 9 percent of Italian insurer Societa Cattolica di Assicurazioni Scrl from Banca Popolare...
Aug 25 2017 // The final property insurance market loss estimate for the magnitude 6.0 earthquake that hit Central Italy on Aug. 24, 2016 has increased to €108 million (US$127.4 million), according to PERILS, the independent...
Jul 27 2017 // French authorities ordered the evacuation of up to 12,000 people around a picturesque hilltop town in the southern Cote d’Azur region as fires hopscotched around the Mediterranean coast for a third day Wednesday.A...