Italian Insurer Cattolica Delays €200M Cash Call due to Generali’s Recent Takeover Offer June 8, 2021 MILAN – Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million)...
Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica June 1, 2021 By Sonia Sirletti 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...
Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich May 21, 2021 MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies...
Italy’s Banco BPM to Acquire Full Control of Insurance Joint Ventures with Cattolica December 16, 2020 By Andrea Mandala and Valentina Za MILAN — Italy’s Banco BPM said it would end an insurance partnership with Cattolica by acquiring full control of their...
Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava November 5, 2020 AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy October 26, 2020 Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge...
Update: Italy’s Tax Police Raid Offices of Generali in Probe About Insurance Contracts October 23, 2020 Italy’s tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a...
Italy’s Regulator Asks Insurer Cattolica to Boost Its Capital by $557M on COVID-19 Impact June 1, 2020 Cattolica Assicurazioni said on Monday that Italy’s insurance regulator had told it to raise 500 million euros ($557 million) after...
Billionaire Del Vecchio Seeks to Raise Stake in Generali’s Biggest Investor, Mediobanca June 1, 2020 By Tommaso Ebhardt and Sonia Sirletti Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking...
Italy to Protect Businesses from Liability if Workers Catch Coronavirus: News Report May 18, 2020 By Ross Larsen Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the...