Latest Italy Headlines

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

XL Catlin Restructures South Europe Insurance Operations; Managers Appointed

Mar 16 2016 // XL Catlin’s insurance segment announced that it has restructured its Southern Europe operations to include France alongside Italy and Iberia.Southern Europe is led by Regional Manager Bruno Laval, who takes on an...

Generali Set to Nominate Donnet as CEO, Succeeding Greco: Sources

Mar 10 2016 // Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who has joined Zurich Insurance Group AG, according to two people with knowledge of the...

Chubb Names Product Line & Customer Segment Leaders for Continental Europe

Mar 4 2016 // Chubb has appointed the team that will lead product line underwriting and distribution for its Continental Europe region.Each of the newly announced positions will report to Steve Reiss, chief operating officer,...

Top Generali Investors Making Their Influence Felt in Hunt for New CEO

Feb 10 2016 // French corporate raider Vincent Bollore is making his influence felt in corporate Italy by defying the country’s old guard in choosing a replacement for Mario Greco as Generali chief executive.Greco may have...

Chubb Names Country Presidents to Lead Continental European Operations

Feb 5 2016 // Chubb has appointed the country presidents who will lead its operations in Continental Europe, with immediate effect.The country presidents will report to Jeff Moghrabi, division president, Continental Europe. These and...

Gasoline Imports Easier to Insure than Crude Exports in Post-Sanctions Iran

Jan 28 2016 // Major oil firms and trade houses are gradually resuming energy trading with Iran but efforts remain very cautious and often face huge legal obstacles, meaning a post-sanctions return to full-scale activity will take weeks...

Germany’s Talanx Strengthens Bancassurance Presence in Italy

Dec 4 2015 // The Talanx Group, headquartered in Hannover, Germany, is strengthening its bancassurance business in Italy by acquiring the insurance companies belonging to the Italian banking group Gruppo Banca Sella.Via its Italian...

A.M. Best: Europe Insurance Market Begins Recovery; Life Sector Drives Growth

Nov 2 2015 // Europe’s largest insurance markets have continued to show some signs of recovery, with many experiencing top-line growth, driven by the life sector, according to a new report by A.M. Best.In general, the increases in...

CoreLogic Adds Probabilistic Flood Model to Risk Management Program

Sep 25 2015 // CoreLogic, a residential property information, analytics and data-enabled services provider, has released an expanded version of its natural catastrophe risk management program, which features a probabilistic flood model...

EXOR CEO Embraces Grandfather’s Dealmaking Style to Revamp Agnelli Empire

Aug 17 2015 // As a boy, John Elkann watched his grandfather Gianni Agnelli build Italy’s biggest industrial fortune, but as an adult he has never adopted Agnelli’s swashbuckling style.Lately, though, Elkann has embraced at...

UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe

Aug 14 2015 // UnipolSai Assicurazioni S.p.A. (UnipolSai), a multi-business Italian insurance company of the Unipol Group and Willis Capital Markets & Advisory (WCMA) part of Willis Group Holdings plc, have confirmed the...

PartnerRe Weighs New Deal Terms with AXIS to Fend Off EXOR’s Rival Offer

Jul 13 2015 // PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from EXOR SpA, is weighing whether it can arrange new terms with rival reinsurer AXIS Capital Holdings Ltd. to preserve their planned merger.The two...

AXIS & PartnerRe Consider Sweetening $6.2B Merger Agreement: Sources

Jul 9 2015 // Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people familiar with the matter...

PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR Bid

May 22 2015 // Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with AXIS Capital Holdings Ltd. rather than talks with a hostile...

PartnerRe Shareholders to Decide on AXIS Bid; Board Rejects EXOR Offer

May 22 2015 // PartnerRe Ltd. said in a statement on Friday that its suitor EXOR has rejected any negotiations to raise its $6.8 billion hostile offer. As a result, the Bermuda-based PartnerRe said it will ask shareholders to vote on the...

EXOR Refuses to Sweeten $6.8 Billion Offer to Acquire PartnerRe

May 22 2015 // EXOR SpA, the investment vehicle of Italy’s Agnelli family, reiterated that it won’t sweeten a $6.8 billion offer to buy PartnerRe Ltd. as the reinsurer demands a higher price to abandon a merger deal with AXIS...

AXIS Says Termination Fee Would Soften Blow if PartnerRe Deal Collapses

May 21 2015 // AXIS Capital Holdings Ltd. Chief Executive Officer Albert Benchimol, who’s working to complete a merger with PartnerRe Ltd., said his company can withstand a collapse of the deal and that a termination fee would...

Update: PartnerRe Says $6.8B EXOR Offer Unacceptable; Open to Negotiations

May 20 2015 // PartnerRe Ltd. said it would engage in discussions with hostile bidder EXOR SpA to seek a better offer than the $6.8 billion proposal that the target company called “unacceptable.”“While we believe that...

Update: Generali Q1 Operating Profit Rises 6% to $1.5B on Investment Income

May 14 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, reported the highest quarterly operating profit in seven years, spurred by a surge in investment income.Profit in the three months to March climbed 6 percent to...

Italy’s Agnellis: Billionaire Family Behind PartnerRe Takeover Battle

May 13 2015 // The billionaire Agnellis will become more interested in hurricane damage and less dependent on sales of Alfa Romeo sports cars and CNH tractors if their $6.8 billion bid for reinsurer PartnerRe Ltd. is...