Reinsurance News
Italy
QDB and SACE sign export credit reinsurance deal to back joint exports
17th June 2026
Qatar Development Bank (QDB) and SACE S.p.A., Italy’s export credit agency and one of the world’s leading Export Credit Agencies (ECAs), signed an export credit reinsurance agreement. Signed on June 11, 2026, this agreement creates a framework for both institutions to facilitate collaborative export activities involving Qatari and Italian firms in ... Read the full article
Gallagher expands PEMA practice in Italy with five appointments
11th June 2026
Gallagher, a global insurance brokerage, risk management, and consulting firm, has announced five new appointments to its Private Equity and M&A (PEMA) practice in Europe, including Giulio Greco as Chief Broking Officer of the EMEA-wide PEMA practice. In this newly created role, Greco will lead and develop the broking strategy for ... Read the full article
Gianluca Panzanaro named Executive Director of Gallagher Re Italy
4th June 2026
Global reinsurance broker Gallagher Re has announced the appointment of Gianluca Panzanaro as Executive Director of its business in Italy, where he will play a key role in developing new relationships to enhance the Italian team. In his new position, Panzanaro will focus on providing tailored solutions as exceptional service to ... Read the full article
Angelo De Benedetto appointed Chief Commercial Officer of Guy Carpenter Italy
23rd February 2026
Guy Carpenter, a reinsurance broker, risk advisory firm and part of Marsh, has appointed Angelo De Benedetto as Chief Commercial Officer for its Italian operations. In his new role, De Benedetto will oversee and coordinate the firm’s commercial strategy in the country. His responsibilities include enhancing executive-level engagement with key partners and ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
Berkshire (BHSI) expands primary casualty line to Italy
13th January 2026
Berkshire Hathaway Specialty Insurance (BHSI), a commercial property and casualty insurer that provides tailored solutions to businesses of all sizes, has expanded its operations in Italy with the launch of primary casualty policies for national and multinational risks. The policy covers public liability, employers’ liability, and product liability, which can be ... Read the full article
Ralf Boesemann named General Manager & CEO of Hannover Re Services Italy
7th July 2025
Global reinsurer Hannover Re has announced the appointment of Ralf Boesemann as General Manager and Chief Executive Officer (CEO) of Hannover Re Services Italy S.r.l. (HS Ita). HS Ita serves clients across both Life & Health and Property & Casualty. The Life & Health team focuses on building long-term relationships and ... Read the full article
AM Best maintains stable outlook on Italy’s non-life insurance segment
3rd June 2025
AM Best has maintained its stable outlook on Italy’s non-life insurance segment driven by natural catastrophe risks gaining relevance, expected maintained profitability, and stable growth sustained by underwriting discipline. Natural catastrophe risks are gaining relevance due to new laws effective March 31, 2025, which require large enterprises to have insurance coverage ... Read the full article
SACE to provide reinsurance backing for nat cat coverage in Italy
5th March 2025
SACE, the Italian insurance and financial group wholly owned by the Italian Ministry of Economy and Finance, has announced that it will provide reinsurance at market conditions, covering indemnities of up to 50%, with a total cap set by the 2024 Budget Law at €5 billion for 2025. For those unaware, ... Read the full article
Mandatory nat cat cover in Italy a credit positive for P&C sector: Moody’s
3rd March 2025
Moody’s Ratings has suggested that the new obligation for companies in Italy to take out insurance policies covering natural catastrophes risk is credit positive for the P&C insurance sector. The Italian government recently published an interministerial decree in the Official Journal, setting out further rules for mandatory insurance against natural disasters ... Read the full article
Italian insurance sector set to surpass €100bn in life premiums by 2025, says Morningstar DBRS
4th December 2024
According to Morningstar DBRS, an independent provider of credit ratings and financial analysis, the Italian insurance sector is on track to sustain its strong performance into 2025. Key drivers include a significant recovery in life insurance premiums, steady growth in non-life segments, and higher investment returns. However, challenges such as elevated life ... Read the full article
Strategic Risk Solutions announces launch of SRS Italy
26th September 2024
Strategic Risk Solutions (SRS), an independent insurance company manager globally, has announced the establishment of SRS Italy. Based in Milan, SRS Italy will be the first specialised provider of insurance management services specifically for captive insurance and reinsurance companies based in Italy. SRS Italy is a collaborative effort between SRS and Strategica ... Read the full article
Italian insurers show resilience despite challenging environment, improving outlook: Morningstar DBRS
31st July 2024
According to a recent analysis by Morningstar DBRS, the Italian insurance sector has mostly overcome the challenges of the difficult operating environment it faced in 2023, and the current outlook is improving. Recently published data has shown that Italian insurers managed to report an improvement in profitability compared with the prior ... Read the full article
Cyber insurance growth to shift to non-US markets by 2030: Howden
1st July 2024
Howden, the insurance intermediary group, has released its fourth annual cyber report, "Risk, Resilience and Relevance," noting market stabilisation last year due to improved cyber hygiene following a surge in ransomware claims in 2020 and 2021. According to the report, carriers and brokers have made notable strides in enhancing price stability, ... Read the full article
DARAG and UnipolSai form service partnership
17th June 2024
DARAG Group, a (re)insurance specialist in discontinued business and capital and operational relief, has entered into a service agreement with UnipolSai Assicurazioni S.p.A. (Unipol), an Italian insurer within the Unipol Group. Unipol is a major player in non-life insurance and motor vehicle third-party liability (TPL) in Italy. Under this agreement, DARAG Deutschland ... Read the full article
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