The ratings demonstrate EIS’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance
AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) of Enel Re
The new unit will be led by José Ramón Morales, head of Southern Europe, Everest Insurance International
The captive, Eni Energy Italy, has been approved by IVASS, the italian institution for insurance regulation, to write out non-life insurance and reinsurance classes
Alongside his new position, Silvestri will also maintain his current role as head of aviation within the underwriting function of GC&C Italy
The new business will be the first specialised company to provide insurance management services for captive and reinsurance entities domiciled in Italy
Castelli is CEO of Augustas Risk Services, an affiliate of Brokerslink, and former general secretary and president of the Federation of European Risk Management Associations
AXA has entered into an agreement to acquire Nobis Group, a retail P&C insurance company based in Italy, for €423 million
