Italy
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Two powerful earthquakes strike Italy
Two strong earthquakes have struck central Italy with the effects felt in Rome. There have been no official damage reports…
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Italian earthquake and US floods largely uninsured
Many of those affected by the tragic earthquake in Italy and the devastating floods in Louisiana last month will not…
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Ninety per cent of Italian earthquake losses may be uninsured, says AM Best
Insured losses from the earthquake that struck central Italy last week are expected to be limited and could be as…
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Death toll and damage mounts from Italian quake
The death toll continues to rise following a powerful earthquake in central Italy that has caused widespread destruction.
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Corporate roundup
Captive manager USA Group becomes latest WBN associate member, The Standard Syndicate adds new lines and senior underwriters, Beazley doubles…
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New Generali chief promises to continue focus on P&C as he reports ‘solid’ results
Generali reported "solid" half-year results but conceded that its financial performance continues to be impacted by volatile markets and low…
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Analysts warn of political risk contagion across Europe from UK vote
Political risk experts warn that Brexit raises the potential for further political upheaval in Europe as discontent spreads.
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Italian insurers switch from sovereign to corporate debt in search of yield
Latest figures from the Italian Insurance Supervisory Authority show that its country's insurers have shifted their investments from Italian government…
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Generali’s global corporate unit takes new structure
Generali's main board has approved a review of the Italian insurer's group structure proposed by new CEO Philippe Donnet who…
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Generali reports decent results as Greco departs
Mario Greco's decision to leave Generali to take over at Zurich meant that he missed the opportunity to report an…
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XL Catlin shakes up management with new heads in France, Italy and Iberia
XL Catlin has named new country heads for France, Italy and Iberia in a shake up that sees former leaders…
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Corporate round-up
Arthur J Gallagher shakes up UK broking and underwriting operations, JLT Re appoints David Flandro global head of analytics, AIG…
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De Felice named as new president of Anra, Rubini stays on board
Alessandro De Felice, Chief Risk Officer at Prysmian, the Italy-based international cables and systems manufacturer, has become the president of…
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Not so new kid on the block–Paolo Ribotta, Generali
Generali Global Corporate & Commercial (GC&C) is a significant new player in the international large corporate market. Commercial Risk Europe…
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Guy Carp launches probabilistic European hail model as losses mount
Guy Carpenter has launched a probabilistic European hail model to help the risk transfer industry better manage a peril that…
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Generali places €190m European windstorm cat bond
Generali has sponsored a €190m European windstorm catastrophe bond transferring related exposure to Lion I Re Ltd, a newly formed…
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ANRA Report 2013–In search of solutions
Commercial Risk Europe’s Editorial Director Adrian Ladbury recently hosted the insurer debate at the Anra conference in Milan. The topics—set…
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Sovereign risks persist for Italian insurers amid weak non-life growth: Fitch
Fitch Ratings said this week that the eurozone sovereign risk continues to negatively affect Italian insurers because of the significant…
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It’s the economy – Italy
The first question posed in this year’s Risk Frontiers survey was: ‘What are the big three risks that currently keep…
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Innovation refuses to budge from agenda – Italy
The ability or otherwise of the insurance industry to respond to the changing demands of customers with innovative new products…