Italy
-
April 22, 2022
AM Best lowers outlook on Italian non-life market to negative
AM Best has revised its outlook on the Italian non-life insurance sector to negative from stable. The ratings agency said…
-
April 22, 2022
Insolvencies to rise this year as businesses emerge from pandemic state support, warns Atradius
Businesses insolvencies will rise in 2022 following the withdrawal of Covid-19 government support, according to trade credit insurer Atradius. In…
-
April 19, 2022
Generali files complaint against former executive
The battle for control of Italian insurer Generali intensified late last week as the company announced that it has filed…
-
April 13, 2022
Airbus takes big reputational risk on Russian titanium
As Ukraine's President Volodymyr Zelenskyy urges the European Union to stop buying Russian oil and other core exports, Netherlands-based aerospace…
-
April 12, 2022
Belgian health authorities close chocolate factory over salmonella outbreak
Italian confectioner Ferrero has been forced to close its Belgian production plant by local authorities over an outbreak of salmonella.…
-
April 7, 2022
French risk managers focus on fallout from Ukraine crisis
France’s risk and insurance management association AMRAE will host a webinar for members on 8 April, to discuss the implications…
-
April 6, 2022
Oligarchs’ impounded yachts pose environmental and liability risk warns surveyor
Europe’s ports, harbours and marines face a “significant risk” from the growing number of mega yachts detained under sanctions against…
-
April 4, 2022
Howden buys two more Italian brokers to become top player in Italy
Broker Howden has acquired two Italian brokers, Nord Est Insurance Broker and ASI, which it says will further strengthen its…
-
March 31, 2022
Europe’s insurers welcome EC ESAP proposal but call for phased approach
Insurance Europe, the Brussels-based federation that represents the European insurance market at the EU level, has published a positive response…
-
March 31, 2022
European Commission proposes new consumer green rights and ban on greenwashing
The European Commission (EC) is proposing to update the EU consumer rules to “empower” consumers for the green transition. The…
-
March 31, 2022
Del Vecchio backs Caltagirone’s plan to reawaken Generali lion
Francesco Gaetano Caltagirone, head of leading Italian construction conglomerate Caltagirone S.p.A, has won the backing of fellow Italian billionaire Leonardo…
-
March 31, 2022
FM Global, Allianz receive poor grades for Russia response
FM Global and Allianz SE were on Wednesday dealt an F and D grade, respectively, by the Yale School of…
-
March 30, 2022
Italian steel sector grinds to a halt because of supply chain crunch
Almost all of Italy’s steel mills have reduced or halted their activity because of higher energy prices and lack of…
-
March 29, 2022
Generali fires CEO rival Cirinà for disloyalty
Generali has now fired its Austria and CEE regional officer Luciano Cirinà, who is challenging CEO Philippe Donnet for leadership…
-
March 24, 2022
Generali suspends Austria and CEE head who investors have pushed to replace CEO Donnet
Generali has suspended its Austria and CEE regional officer Luciano Cirinà, who was previously put forward by leading investors as…
-
March 24, 2022
Europe’s insurers saw premiums and claims rise in 2020, says Insurance Europe
Europe’s insurers paid claims and benefits of €2.8bn per day in 2020, up from €2.7bn per day in 2019, according…
-
March 21, 2022
Italian data regulator probes Russian firm Kaspersky over cyberattack concerns
Italy’s data protection regulator is investigating the potential risk of cyberattacks linked to Russian firm Kaspersky’s antivirus software. The Garante…
-
March 15, 2022
Generali delivers record profit for third year in a row
Generali has delivered a record operating profit for the third year in a row, with its P&C business achieving another…
-
March 9, 2022
Commercial Risk publisher Beacon expands further into Europe with Italian acquisition
The publisher of Commercial Risk, Beacon International, has bought leading Italian insurance media group Insurance Connect. The deal, for an…
-
March 7, 2022
Generali to close Moscow office and resign from Ingosstrakh board
Generali has started to cut its ties with Russia following the invasion of Ukraine. In a statement, the Italian insurer…