Latest Italy Headlines
All the headlines from our Italy Topic Page, ordered by recency.
Wildfires Rage Across Greece With Record Heat Forecast for Italy
Jul 24 2023 // Wildfires are raging across Greece after about 19,000 people were evacuated from the island of Rhodes over the weekend, while record temperatures are forecast for Sardinia. Over the past 24 hours, 162 fires have been...
Italy Prosecutors Probe False Accounting Allegations Related to Insurer Eurovita: Source
Jun 30 2023 // Prosecutors in Milan are probing allegations of false accounting in relation to the crisis of Italian life insurer Eurovita, a person with knowledge of the matter said on Friday. Owned by Cinven, Eurovita this year became...
Italy’s Insurance Protection Gap Exposes State Finances to Natural Disasters
Jun 29 2023 // Lamberto Mongardi, a farm owner in the northern Italian town of Lugo, was hit twice when torrential rain lashed the area last month: not only was much of his property washed away, but he also discovered his insurance cover...
People Moves: Liberty Specialty Mkts Taps AXA XL’s Prato as London President; Carpenter Names Howden’s Cacia as Italy CEO; 2 Key Broking, Analytics Roles Also Hired
Jun 20 2023 // This edition of International People Moves details appointments at Liberty Specialty Markets and Guy Carpenter. A summary of these new hires follows here. Liberty Specialty Markets Names AXA XL’s Prato as London...
Triple-Whammy of Cyclones, a 1-in-200-Year Event, Drove Italy’s Flooding: Scientists
Jun 1 2023 // A rare, triple-whammy of cyclones drove the deadly flooding that devastated much of northern Italy this month, but scientists said Wednesday that climate change doesn’t seem to be to blame for the intense...
Fruit Harvest Faces Ruin After Floods Hit Italy’s Emilia-Romagna
May 22 2023 // Deadly floods in northern Italy will ravage fruit production in what is normally one of the country’s most bountiful agricultural regions, farm lobby Coldiretti said on Monday. Floods killed 14 people last week in...
Ransomware Hackers Are Targeting Known Server Vulnerability, Italy Warns
Feb 7 2023 // Thousands of computer servers have been targeted by a global ransomware hacking attack targeting VMware ESXi servers, Italy’s National Cybersecurity Agency (ACN) said on Sunday, warning organizations to take action...
People Moves: Howden Italy Taps Aon’s Casini as CEO; BIBA Extends Evans’ Tenure as Chair; Sedgwick Promotes Simoncic to President, Property and International
Jan 12 2023 // This edition of International People Moves details appointments at Howden Italy, the British Insurance Brokers’ Association (BIBA), and Sedgwick. A summary of these new hires follows here. Howden Italy Taps...
Investigators Probe Failure of Italy’s Vega C Rocket; Satellite Insurers Expect Profit Hit
Dec 22 2022 // An investigation is being launched after the latest version of Italy’s Vega C rocket failed on its second mission, destroying two Earth-imaging satellites and further complicating Europe’s access to space on...
People Moves: Sompo Int’l Taps Zurich’s Brand as President, Continental Europe; HDI Global Specialty Promotes Candi in Italy Branch; DUAL APAC Promotes 2 Execs
Sep 2 2022 // This edition of International People Moves details appointments at Sompo International, HDI Global Specialty, and DUAL Asia Pacific. A summary of these new hires follows here. Sompo International Taps Zurich’s Brand...
Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister
Sep 2 2022 // Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier...
People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re
Jun 27 2022 // This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL. A summary of these new hires follows here. Miller Expands Into Media &...
Credit Agricole Italy Weighs Investing in Banco BPM’s Insurance Business
May 24 2022 // Credit Agricole Italy is interested in investing in the insurance activities of Banco BPM, the French banking group’s Italy head said on Monday. Banco BPM has exercised a call option to gain full ownership of its...
People Moves: QBE Hires RSA’s Germain as Group CIO; MS Amlin Taps AXIS’ Ferguson for Open Mkt. Property; Generali Names 3 for Italy, Global Business Lines
May 16 2022 // This edition of International People Moves details appointments at QBE Insurance, MS Amlin, and Generali. A summary of these new hires follows here. QBE Hires RSA’s Germain as Group Chief Information Officer QBE...
Italy OKs Treasury Taking Control of Credit Insurance Agency SACE
Jan 25 2022 // Italy approved a long-awaited decree needed for the Treasury to buy credit insurance agency SACE from state lender Cassa Depositi e Prestiti (CDP) in a deal expected to be worth around 4.25 billion euros ($4.81 billion),...
Howden Acquires Italy’s Tower SpA
Jan 24 2022 // Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and risk consulting company. This follows the acquisition of the highly regarded Andrea...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership
Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali’s...
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer
Oct 22 2021 // MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy’s top...
VW to Appeal Italy Court Decision Ordering $236M Payment in Dieselgate Class Action
Jul 8 2021 // Volkswagen said on Thursday it would appeal against a decision by an Italian court ordering the German group to refund consumers participating in a class action lawsuit over the carmaker’s rigging of diesel emissions...
Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica
Jun 1 2021 // Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t already own in smaller rival Societa Cattolica di Assicurazioni, as part of a...
