Latest Italy Headlines
All the headlines from our Italy Topic Page, ordered by recency.
Italy’s Generali to Pay 2019 Dividend, Resisting EU Regulatory Guidance
Apr 13 2020 // Italy’s biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its strong capital position. The announcement flies in the...
MGU Victor Taps Bonfà from US Underwriting Solutions as Country Leader of Victor Italia
Apr 9 2020 // Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), announced the appointment of Matteo Bonfà as country manager, Victor Italia S.r.l., effective immediately. Bonfà is based in Milan...
EU Countries Give Guarantees to Credit Insurers to Prevent Coverage Cuts
Apr 1 2020 // European Union states are giving guarantees to credit insurers in a bid to keep coronavirus-hit companies afloat, as some firms cut cover for trade involving bloc members such as Italy and Spain, sources said. Without...
Supply Chain Problems Move from China to U.S. and Other Nations
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Western Supply Chains Begin to Buckle on Expanding Coronavirus Lockdowns
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Europe’s Soccer Clubs May Face $1B Bill if Coronavirus Forces Season Cancellation
Mar 16 2020 // If the coronavirus forces Europe’s soccer leagues to cancel the rest of the season, TV networks may be able to demand more than $1 billion in compensation. The move to suspend international games and competitions in...
Italian Companies, Including Generali, to Provide Funds for Coronavirus Crisis
Mar 13 2020 // Italy’s biggest insurer, Generali, on Friday joined a growing number of companies that have rushed to provide funds to hospitals and non-profit organizations to fight the coronavirus crisis. Italy has been hardest...
Italy’s Generali Posts Record Operating Result for 2019
Mar 13 2020 // Italy’s biggest insurer Assicurazioni Generali confirmed all its targets through 2021 on Friday, after posting a record operating result for 2019, despite coronavirus-related uncertainty and soaring market...
FACTBOX: Latest News on Coronavirus’ Health, Economic Impact
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...
AIR Worldwide Uses Pandemic Model to Determine Countries at Highest Risk
Mar 3 2020 // AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios, which could reveal those countries at the highest...
FACTBOX-Update on Coronavirus Around the World
Mar 2 2020 // The rapid spread of the new coronavirus has increased fears of a pandemic, sending global markets into a dive and prompting governments to step up control measures. As of Monday, there have been over 89,000 cases of the...
Catastrophe Bond Prices Signal Coronavirus Nearing Pandemic Status
Feb 28 2020 // The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines
Feb 27 2020 // Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up to serve commercial insurance customers with global needs. The insurers...
Coronavirus Update: On Decline in China But of Rising Concern in South Korea, Italy, Iran
Feb 25 2020 // Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, heightening its international isolation as dozens of worst-hit nations from South Korea to Italy accelerated emergency measures to curb the...
Roehler Succeeds Theis on Allianz Board of Management
Feb 21 2020 // Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, is retiring at his own request on March 31, 2020 after more than 33 years at...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$798M: PERILS
Dec 27 2019 // The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018 rose to A$798 million ($553.2 million), according to PERILS, the independent Zurich-based...
Victor Launches Lloyd’s Syndicate 2288; Frances Named Active Underwriter
Dec 10 2019 // Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence underwriting effective January 1, 2020 with stamp capacity of...
Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency
Nov 15 2019 // Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark late morning Friday, the Ansa news agency reported. The historic city is still reeling from...
Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer
Oct 10 2019 // Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank’s strategy, nearly a month after he snapped up a 7% stake that...
AXA XL Appoints Ex-Zurich Executive Longo as Country Leader, Italy
Sep 27 2019 // AXA XL Insurance announced the appointment of Saverio Longo as country leader, Italy. He will join AXA XL in November and will be based in Milan. He succeeds Simona Fumagalli, who was appointed head of International...
