Italy
Solicitors PI market takes off in Italy
The recent introduction of compulsory insurance requirements for Italian law firms is yet another milestone for the country’s rapidly growing professional indemnity insurance market, explains Massimiliano Colombo, regional underwriting manager at QBE…
Compre buys legacy books from Generali
Compre has acquired two books of business in total worth €300m (£264m) from Generali.
Generali appoints Jaime Anchustegui as group chief operations and insurance officer
Jaime Anchustegui Melgarejo has been appointed as group chief operations and insurance officer of Assicurazioni Generali.
Mapfre to consolidate EMEA and Asia-Pacific businesses
Spanish insurer Mapfre is exiting five US states and consolidating its EMEA and Asia-Pacific businesses.
Neon looks to MS Amlin and names Heppell as CFO
Lloyd’s carrier Neon has names Richard Heppell as chief financial officer for the group.
Amazon on a recruitment drive as it takes aim at UK insurance market
Internet-sales giant Amazon is currently recruiting insurance professionals in a bid to disrupt the insurance market in countries throughout Europe.
Generali Q3 profits tumble 9.9% on Dutch sale loss
Generali posted a 9.9% drop in nine-month profits due to a loss on the sale of its Dutch business
Final loss estimate for Italian October earthquakes pegged at £185.8m
Perils has updated its loss estimate for Italy’s October earthquakes from €125m (£111.7m) to €208m (£185.8m).
Neon launches Italian underwriting venture
Neon has launched an underwriting operating in Italy with Cambiaso Risso, who will have a minority shareholding in the venture.
Gianmarco Tosti to head up Italian business of Willis Towers Watson
Willis Towers Watson has appointed Gianmarco Tosti as head of its Italian business, having held senior positions within the business since 2006.
Darag appoints Tullio Ferrucci as CEO of its Italian business
European run-off insurer Darag has appointed Tullio Ferrucci as CEO of its Italian business, following the acquisition of Ergo Assicurazioni last year.
Aviva sells stake in Italian JV for £233m
Aviva has sold its £233m stake in its Italian business Avipop Assicurazioni.
Profile: Oscar Treceno, IMIA
For six years, Oscar Treceno has juggled his day job as head of the engineering and energy department at Helvetia with the role of chairman of the International Association of Engineering Insurers. Post asked him about IMIA's role in today's market.
Helvetia posts 8% boost in profits for H1
Swiss insurance group Helvetia increased its profits by 8% to SFr 258m (£208m) in the first half of 2017.
Aviva sells stake in Italian insurance business
Aviva has sold its stake in its Italian joint venture Avipop Assicurazioni SpA.
Umbria Italy quake loss up 64% to €108m
Estimated insurance industry losses from the earthquake that struck Italy in August last year has been increased by 64% to €108m (£99.4m), according to Perils.
Uncertainty hampering M&A activity, says Clyde and Co
Corporate uncertainty around Brexit and tighter Chinese monetary controls has been hampering M&A activity in global insurance this year according to international legal firm Clyde and Co.
Italian regulator places broker Ariscom into special measures
The Italian insurance regulator has placed broker Ariscom into special measures.
Law firms collaborate on global network
A group of insurance law firms have joined together to create a formal network to share knowledge and delivering legal expertise and service clients across four continents.
Juventus Football Club’s stadium rebranded as 'Allianz Stadium'
Allianz Italy has signed an agreement which will see Juventus Football Club’s stadium rebranded as “Allianz Stadium”.
Costa Concordia captain's sentence upheld
The captain of the Costa Concordia, which capsized in 2012 killing 32 people, has had his 16-year jail sentence upheld.
Zurich’s Guy Miller on why recovery is an opportunity for reform
A synchronised global recovery is an opportunity for reform, not for complacency, argues Guy Miller, chief market strategist and head of macroeconomics, Zurich.
Halo to offer car hire excess insurance to Italian market
Insurtech broker Halo Insurance Services has expanded into the Italian market by offering car hire excess insurance policies.
Generali: We won’t use chat bots to deflect angry customers
Generali is trialling chat bots for “bureaucratic” tasks, but the company’s head of global claims said it wouldn’t be appropriate to use the technology to deal with angry customers.