Italy
Generali GI premiums down in 2009
During 2009, performance slipped in motor policies (-2.4%), affected by the trend in policy rates, particularly in the first nine months, Generali added, and the decrease in new vehicle registrations.
CNP's profits exceed €1bn
Premium income outside France surges 93.4% to €6.3 bn (up 65.8% under French GAAP) led by CNP Vita in Italy, Caixa Seguros in Brazil and CNP Vida in Spain.
Generali GI premiums tipped to fall again
However, analyst KBW is looking for a slight improvement in sequential quarterly sales in life and expect sequential growth (4Q/3Q) of 9%, the first sequential growth since 1Q09 (3%).
Italian insurer sees 7.5% jump in motor business
Vittoria Assicurazioni reported that it wrote € 671.3m (+6.4%) of premiums in 2009, of which €541.5m (+5.0%) was non life.
Italian insurer sees 7.5% jump in motor business
Vittoria Assicurazioni reported that it wrote € 671.3m (+6.4%) of premiums in 2009, of which €541.5m (+5.0%) was non life.
Groupama outlines float and buy plan
Jean Azéma, Groupama CEO, details his ideas for the group in interview.
Groupama outlines float and buy plan
Jean Azéma, Groupama CEO, details his ideas for the group in interview.
Admiral offers 'Clarity' to Italian market
Admiral Group has launched a price comparison site in Italy under the name of Chiarezza.it, meaning 'clarity'.
Axa strikes new insurance deal with oldest bank in the world
Axa and Banca Monte dei Paschi di Siena announced today the extension of their bancassurance agreement in Italy to the 1000 branches of former Banca Antonveneta.
Axa strikes new insurance deal with oldest bank in the world
Axa and Banca Monte dei Paschi di Siena announced today the extension of their bancassurance agreement in Italy to the 1000 branches of former Banca Antonveneta.