insurance

UnipolSai bets on renewables

Bologna - Italian insurance group Unipol increases its commitment on the renewable energy sector and creates Unipolsai Energia, it is announced from company’s headquarter. Up to 2018, Unipol has invested 326 million euros in funds and investments to implement the UN 2030 agenda for sustainable development

insurance

ANIA insurers hold 15% of Italian public debt

Rome - The insurance industry gives a “still significant support” for Italian public debt, noted the president of ANIA (the National Association of Italian Insurers) Maria Bianca Farina, specifying in the report to the annual meeting that government Italian bonds touch around 40% of total insurance companies investments

insurance

Generali completes sale of Worldwide and Link

Trieste - Assicurazioni Generali announces that it has completed the sale of its entire shareholding in Generali Worldwide Insurance Company Limited and Generali Link to Life Company Consolidation Group. This follows the announcement of the sale by Generali on July 19, 2018

insurance

Generali: internal solvency model extended to Austria, Switzerland

Trieste - Assicurazioni Generali announced that, following the authorization request submitted by the Company, IVASS - the Italian insurance regulatory agency – with its instruction of 19 November 2018, authorized the Company to extend , starting from December, 31, the scope of the Group’s internal model

insurance

Magnitude 6.5 earthquake hits Alaska

Kaktovik - A magnitude 6.5 earthquake struck 40 miles (64 km) southwest of Kaktovik in Alaska, the U.S. Geological Survey said on Sunday.

insurance

Fireball near Bologna airport after road crash explosion

Bologna - A tanker truck ploughed into a lorry on a motorway near Bologna airport in northern Italy on Monday, exploding in flames and sending a huge ball of fire and black smoke into the sky.

insurance

Sea surges may devastate parts of Florida

Miami - A powerful sea surge will accompany Hurricane Irma as the storm moves through Florida, and that blast of ocean water could badly damage coastal areas, Florida Governor Rick Scott said.

insurance

Antitrust Authority slaps Carige Insurance

Genoa - Carige Insurance has been fined €1 million.The sanction was decided by the Antitrust Authority, in order to combat, “unfair and aggressive business practices.” In the crosshairs of the regulatory agency are the measures put in place by the Insurer to recover its claims

insurance

Generali: plenty of profits

Trieste - Generali Insurance group closes a record second quarter with net income up sharply to 1.3 billion (+21.6%) and an operating profit up 11.3% to 2.8 billion, the best in the past eight years. The forecast for the end of 2015, according to CEO, Mario Greco, points, “to significant strengthening in net income”

insurance

Allianz lead insurer for jet shot down in Ukraine

Kiev - Germany’s Allianz SE is the lead hull and liability reinsurer covering the Malaysian airliner that was shot down over eastern Ukraine on Thursday. Willis Group Holdings brokered the insurance. In the Malaysia Airlines Boeing 777 there were 298 people aboard