All the headlines from our Italy Topic Page, ordered by recency.
Mar 18 2014 // Allianz announced that it has agreed to acquire a part of the Property and Casualty insurance business of the Italian insurer UnipolSai with premiums of €1.1 billion [$1.53 billion] (2013).“The business includes...
Mar 13 2014 // Assicurazioni Generali SpA, Italy’s biggest insurer, reported a fourth-quarter profit after booking a loss a year earlier on write-downs of equity holdings. The insurer more than doubled its dividend.Net income was...
Mar 11 2014 // Willis Group Holdings has appointed Pietro Menghi as Director of Strategy and Transformation for Willis Global, the division which includes Willis’s specialist brokerage and consulting services.He has been leading...
Dec 10 2013 // New research by market research consultancy London-based Finaccord forecasts that the market for professional indemnity insurance across ten European countries – namely, Austria, Belgium, France, Germany, Italy,...
Sep 17 2013 // Salvage crews completed raising the wreck of the Costa Concordia in the early hours of Tuesday morning after a 19-hour-long operation on the Italian island of Giglio where the huge cruise liner capsized in January last...
Aug 5 2013 // Robust insurer earnings helped drive European shares to a two-month high on Friday, while mixed U.S. jobs data supported the view the Federal Reserve may be more cautious about cutting back on its economic stimulus.The...
Jul 30 2013 // At least 38 people died when a bus plowed through a guard rail and plunged into a ravine in southern Italy, a police official said.The bus was traveling downhill near Baiano, Italy — about 40 kilometers (25 miles)...
May 7 2013 // PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, has extended its market coverage to include Italy, and will provide data for both earthquake and flood perils with...
Mar 27 2013 // Natural catastrophes and man-made disasters caused $186 billion in economic losses globally in 2012 and took approximately 14,000 lives, according to global insurer Swiss Re’s latest sigma study.The United States...
Mar 14 2013 // A new report from UK based market research, publishing and consulting firm Finaccord notes that “emerging markets in the Asia-Pacific region and Latin America offer the most growth potential for bancassurers but the...
Jan 15 2013 // A survey conducted by GfK on behalf of Zurich Insurance Group analyzed how the people in seven different European countries are dealing with their insurance needs in the light of the ongoing economic crisis. Insurance...
Jan 14 2013 // Mario Greco, the new boss of Europe’s 3rd largest insurance group, Italy’s Generali, has vowed to boost operating profit by a quarter via an ambitious turnaround strategy that focuses on “value over...
Nov 7 2012 // Pressure at work and school, the financial crisis and concerns about their families are keeping Europeans awake at night, according to a survey conducted by Zurich Insurance Group in eight European countries.Getting sick...
Oct 15 2012 // A former Indiana surgeon arrested on a snowy Italian mountainside after five years on the run was handed a stiff prison term Friday for billing insurers and patients for procedures he didn’t perform, with the federal...
Oct 11 2012 // The Italian non-life insurance market faces changes as the sector is subject to new legislation and industry consolidation, while the country’s ongoing economic challenges constrain demand for coverage, according to...
Sep 13 2012 // Hundreds of passengers from the stricken Italian cruise ship Costa Concordia and up to 1,000 businesses on the island where it ran aground are pressing ahead with lawsuits in the U.S. against Miami-based Carnival Corp.,...
Aug 27 2012 // The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether to give the country yet more help or cut it loose.For all its complexities, Greece’s problems...
Aug 27 2012 // According to Swiss Re’s latest study – The Italian insurance market: opportunities in the land of the Renaissance – “Italy stands at the crossroads of economic and social change, and therefore offers...
Jul 26 2012 // European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from collapse, sending a strong signal that inflated Spanish and Italian borrowing costs were in his...
Jul 10 2012 // Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it.Euro zone leaders agreed in principle on June 29 to establish a joint banking supervisor for the...