Italy
Generali takes control of Germany’s second-largest insurer
The Generali Group has struck a deal to purchase a minority stake in Generali Deutschland, taking it beyond a 95% holding and triggering a full buy out.
Bertagna leaves Lloyd’s for Allied World
Lloyd’s of London’s head of Southern, Eastern Europe & Africa as well as Italy country manager, Enrico Bertagna has resigned from his role effective from the end of August.
Octo Telematics moves frontline operation from Rome to London
Italy-based telematics systems provider Octo Telematics has relocated its frontline operation from Rome to London in a bid to take advantage of opportunities in the burgeoning UK telematics market and to build stronger ties with both the insurance and…
Generali CEO Greco says it is still interested in Latin America despite Mexican disposals
The Generali Group has signed an agreement with Grupo Financiero Banorte to sell its 49% minority stakes in the Mexican companies Seguros Banorte Generali and Pensiones Banorte Generali for a total gross consideration of $857.5m (€649m).
European non-life premiums up 3% in 2012 to €459bn
New figures published today by Insurance Europe show a provisional increase in total European gross written premiums of 1.6% at constant exchange rates in 2012. This follows a decline in premiums of over 2% in 2011.
Generali agrees to sell US life business to Scor
Italian insurer Generali has continued its policy of disposing of non-core assets with the sale of its US life reinsurance business to French reinsurer Scor.
Generali secures €2bn revolving credit facility
Italian insurer Generali has signed deal for up to €2bn in revolving credit facilities, in a bid to improve its “flexibility to manage future liquidity needs in a volatile environment”.
Regional players may miss Solvency II deadline
Solvency II must be implemented in January 2016, whether or not the continent's smaller, regional are prepared, according to Charles Juniper, analyst at Ovum.
Internationalisation: Taking Flight
The economic downturn has led many European companies to look to emerging markets for growth. Can insurers capitalise on the trend? Anna Pitton explains.
Marketing: European exposure
In the UK, the insurance industry is well known for its marketing and advertising campaigns but is brand management as effective in Europe, Francesca Nyman explains.
RSA on the hook for Genoa ship loss
RSA is on the hull cover for The Jolly Nero, the Messina Line ship that crashed into a port tower in Genoa, Italy last month, Insurance Insight can reveal.
Ace raids Zurich to launch Italian surety practice
Ace Group has hired Zurich's Italian head of surety, Edoardo Saachi, to grow its surety capabilities in Italy.
VFTT: Anticipating client growth aspirations
Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.
Gable to offer Italian bonds
Gable Holdings has launched its first product in Italy, providing bonds for companies bidding and undertaking work for state and public corporations.
Gallagher backs Gable Italian launch
Gable Holdings has partnered with Arthur J Gallagher International to launch its first product in Italy.
Container ship hits port in Genoa killing seven
A container ship crashed into the Italian port of Genoa late on 7 May killing seven people.
Beazley brings breach response product to Italian market
Lloyd’s insurer Beazley's data breach response solution is now available to organisations in the Italy.
Perils provides data for Italian earthquake and flood
Independent catastrophe data provider Perils has extended its coverage to include data for Italian earthquake and flood perils.
Helvetia completes acquisition of Chiara Assicurazioni
Helvetia has completed the acquisition of 51% of Italy's Chiara Assicurazioni.
Generali opens Global Corporate and Commercial unit
Operations have begun at Generali’s Global Corporate & Commercial business unit, a platform established to integrate insurance services for medium and large multinationals.
Insurance Insight Q+A: Frank Pinder, Global Options
Global Options president Frank Pinder speaks to Francesca Nyman about fraud, special investigative units and the US company’s European ambitions.
Generali unveils Moto GP sponsorship deal
Italian insurer Generali, has become an official sponsor of the Moto GP series, the international motorcycle racing championship.
IMDII: Full disclosure
The second Insurance Mediation Directive could fundamentally change the way European brokers conduct their business. But will it be kicked into the long grass? Edmund Tirbutt investigates.
Top 5 European news stories
The top 5 stories from www.insuranceinsight.com over the past seven days.