Catastrophe data firm is estimating Italy's property insurers will suffer €31m (£26m) of damage from October's Central Italy earthquakes.
Insurance catastrophe market data firm Perils has increased its estimate of property insurance losses for the 24 August Central Italy earthquake.
Italy's biggest insurer Generali is looking to leave unattractive markets in a bid to generate €1bn, the firm announced ahead of an investor day meeting this morning.
The Insurance Distribution Directive aims to harmonise the regulatory landscape for insurance intermediaries in the European Union.
Ratings agency Fitch Ratings has forecast a stable 2016 for non-life insurers in the Italian market.
Broker Lockton has expanded its marine and protection and indemnity business by acquiring Genoa-headquartered Italian broker PL Ferrari & Co.
Insurers in northern Europe are better prepared for Solvency II than those in the southern part of the continent, according to data specialist Silverfinch.
A reinsurer targeting property and casualty business in continental Europe has been launched in Dublin, Ireland, by Italy-based Unipol Sai Assicurazioni in order to capitalise on the rewards for diversification under Solvency II.
Generali group CEO Mario Greco is seeking a "new business model" as the Italian insurer opens exclusive talks to buy UK-based telematics provider My Drive Solutions.
Italian insurer Generali saw a 4.6% property and casualty profit decline in the first quarter after it counted the cost of storms in Italy, Germany and Austria.
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Tricia Koh has been confirmed as Generali Asia's head of value proposition and marketing after joining from Allianz Global Corporate & Specialty last December.
Francesco Schettino, the captain of the stricken cruise ship Costa Concordia, has been sentenced to 16 years in jail.
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.
RSA has agreed to sell its Italian branches and insurance books to Itas Mutua for a cash payment of £19m.
Italian insurer Generali has announced two resignations of top executives including group chief insurance officer Sergio Balbinot.
Direct Line Insurance Group has agreed to sell its Italian and German businesses to Spanish insurer Mapfre for €550m (£430.5m).
Guy Carpenter has launched a probabilistic hail model for Europe.
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
Direct Line Group chief executive Paul Geddes has denied the sale of the insurer's Italian and German operations is a foregone conclusion, despite talks on offloading the international divisions gathering momentum.
The number of uninsured vehicles on Italian roads reached 3.5 million in 2013, up from 3.1 million in 2013 according to the Italian association of insurance companies ANIA.
Italian insurance giant Generali has named Antoine Parisi as the new chief executive of travel and healthcare cover provider Europ Assistance.
Vodafone has launched a voluntary offer to acquire Italian telematics firm Cobra Automotive Technologies at €1.49 (£1.18) per share valuing the company at €145m.
Aviva has reached an agreement with UBI Banca and Unicredit to restructure its life joint ventures in Italy.