Latest Italy Headlines
All the headlines from our Italy Topic Page, ordered by recency.
Italian Auto Insurers’ Shares Could Gain from Price Increases
Feb 12 2010 // Shares in Italy’s top motor insurers could become more attractive this year because of the likely success of tariff [premium] increases in a market where rivalry from online and bank sales is still weak. Fund...
Best Affirms Generali’s ‘A+’ Ratings
Oct 13 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa-” of Italy’s Assicurazioni Generali S.p.A., both with stable outlooks. Best also...
U.S. RE in Alliance with Italy’s Sfrorni
Oct 8 2009 // New York-based U.S. RE Corporation, the international reinsurance brokerage firm, has formed a strategic alliance with Bruno Sforni S.p.A, an insurance and reinsurance broker located in Milan, Italy. The Company followed...
Ratings: Allianz (Italy), Hatherley, Jamaica, China Ins. (Singapore), Arab Orient
Jun 2 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. The ratings reflect the...
Piccolomini Named Marsh Italy CEO; Cordero di Vonzo General Manager
Apr 27 2009 // Marsh has appointed Flavio Piccolomini as CEO of Marsh Italy and Emanuele Cordero di Vonzo as General Manager. Piccolomini joins Marsh after 18 years with Willis, where, after holding a number of different positions, he...
Willis Research Network Reports on Hazard Risk Assessment Conference
Apr 27 2009 // Last Thursday, April 23, the Willis Research Network (WRN), which is supported by Munich Re, Risk Management Solutions and Swiss Re, held a conference at the General Assembly of European Geosciences Union (EGU) in Vienna....
UPDATE: 1 in 4 Homes Damaged by Italian Quake Says RMS
Apr 10 2009 // Risk Management Solutions’ latest bulletin on the devastating earthquake, which struck Italy on Monday, estimates that “at least one in four homes in the epicentral area of L’Aquila have been...
RMS Analyzes Italian Quake
Apr 7 2009 // The earthquake that struck the Italian city of L’Aquila, the regional capital of Abruzzi in central Italy, is now measured at a strong magnitude 6.3 on the Richter scale, according to Risk Management Solutions...
Deadly Quake Hits Central Italy
Apr 6 2009 // A strong earthquake struck near the central Italian town of L’Aquila early this morning, demolishing buildings and infrastructure. The death toll has already reached 50, but local authorities have indicated that many...
Ratings Roundup: Syndicate 0780, Munich Re Italy, NIPPONKOA, Exchange, Aerial Re, Colonial, Bay Haven
Jan 20 2009 // Standard & Poor’s Ratings Services has revised its outlook on the Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to stable from positive. S&P also affirmed the...
Ratings II: Zurich (Spain), HDI (Italy), National Grid, Cat Bonds of Ajax, Carillion, Newton
Dec 23 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and insurer financial strength ratings on non-life insurer Zurich Espana, Compania de Seguros y Reaseguros, S.A.(Zurich España) to...
Ratings Recap: HDI (Italy), Provident, Polish Re, Arab Insurance Group
Dec 8 2008 // Standard & Poor’s Ratings Services has placed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Italy-based insurer HDI Assicurazioni SpA (HDI/Italia or HDI/I) on...
Best Affirms Allianz (Italy) ‘A+’ Ratings
Sep 3 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of Allianz S.p.A. (Italy) with stable outlooks. Best said its ratings “reflect the...
Willis Research Network Teams to Study Quakes with Italy’s EUCENTRE
Jun 17 2008 // The Willis Research Network (WRN), part of Willis Group Holdings Limited, announced that the EUCENTRE in Pavia has joined its network to enhance the quality of the earthquake research and modeling it offers to the...
Ratings Recap: National Grid, HDI (Belgium), HDI (Germany), HDI (Italy)
Dec 19 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of National Grid Insurance Company Ltd. (NGICL), which is based on the Isle of Man, a...
Fires Rage Out of Control in Greece
Jul 27 2007 // Massive fires raged out of control across Greece on Thursday, after killing three people overnight in the south, burning through villages and forests and stretching firefighting services to the limit. Greek Prime Minister...
ACE Europe Management Moves
Jun 29 2007 // The ACE European Group has announced some changes to its Continental European country management with immediate effect, as follows: Jeff Moghrabi is to assume the role of Country Manager for ACE France, replacing Olivier...
AXA Increases Presence in Italy
Mar 26 2007 // AXA SA, France’s largest insurer, said Friday it agreed to buy half of Banca Monte dei Paschi di Siena SpA’s insurance and pensions unit for €1.15 billion ($1.54 billion) in cash. The transaction will be...
S&P Affirms, Withdraws Toro Ratings after Generali Acquisition; Nuova Tirrena Ratings Lowered, Withdrawn
Feb 14 2007 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit and insurer financial strength ratings on Italy’s Toro Assicurazioni SpA with a stable...
Allianz to Integrate Italian Units
Feb 2 2007 // Germany’s Allianz announced that the Boards of Directors of its Italian subsidiary companies, RAS, Lloyd Adriatico and Allianz Subalpina, have adopted a project to integrate their Italian...