Lloyd Italico

Last updated

Lloyd Italico
Industry Financial services
Founded1917;105 years ago (1917)
Headquarters
Genoa
,
Italy
Area served
Italy
Key people
Emilio Borzino
Andrea Giuseppe Croce
Carlo Bonomi [1]
Owner Assicurazioni Generali
Subsidiaries Lloyd Italico Vita
Websitewww.lloyditalico.it

Lloyd Italico, Compagnia di assicurazioni e riassicurazioni known as Lloyd Italico was an Italian insurance company. It was specialized in maritime insurance. In 2006, the company was acquired by Assicurazioni Generali and maintained its brand until 2016.

Contents

History

Lloyd Italico insurance company was founded in Genoa in 1917 by two companies of the Perrone group, Gio. Ansaldo & C. and Società Nazionale di Navigazione. [2]

In 1934 Lloyd Italico acquired other Genoese insurance companies such as L'Ancora, Oceanus and Ermes. In the same year, the Genoese insurance broker Emilio Borzino became president of the company.
In 1946 the presidency passed to Andrea Giuseppe Croce, who later became the president of the Yacht Club Italiano [3] and of the International Sailing Federation. The company further strengthened its presence within the Italian territory and extended its network of agents.

In 1980 Italia Assicurazioni S.p.A. acquired Lloyd Italico & L'Ancora.

In 1982 a merger took place where the company maintained its brand and remained independent in regard to all operations and commercial control.

In 1990 Lloyd Italico Assicurazioni S.p.A. was reconstituted. Royal Insurance Holdings plc acquired 90% of Lloyd Italico Assicurazioni S.p.A. and Lloyd Italico Vita S.p.A., a company specializing in life insurance, was also founded, which was controlled by Lloyd Italico Assicurazioni S.p.A. (80%) and Royal Insurance Holdings plc (20%).

In 2001 Lloyd Italico Assicurazioni S.p.A. and Lloyd Italico Vita S.p.A., were acquired by Toro Assicurazioni of the FIAT group.

In 2004 Lloyd Italico was incorporated into Toro Assicurazioni as an autonomous division which maintained separate management and continued to operate under its own brand. [4]

In 2005 Toro Assicurazioni incorporated the subsidiary Lloyd Italico Vita.
In 2006 Toro Assicurazioni, together with Lloyd Italico and all the other subsidiaries, was purchased by Assicurazioni Generali. [5]

Name

The choice of the name 'Lloyd' was inspired by the Lloyd's of London while the adjective 'Italico' describes its geographical area of belonging.

Related Research Articles

Leonardo Del Vecchio Italian Billionaire & Businessman

Leonardo Del Vecchio is an Italian billionaire businessman, the founder and chairman of Luxottica, the world's largest producer and retailer of glasses and frames, with 77,734 employees and over 8,000 stores. As of 9 April 2021, Del Vecchio was estimated by Bloomberg Billionaires Index to have a net worth of $32.7 billion, making him the second richest man in Italy, and the 41st richest in the world.

Assicurazioni Generali

Assicurazioni Generali S.p.A. or simply Generali Group is an Italian insurance company based in Trieste. As of 2019, it is the largest of its kind in Italy and among the top ten largest insurance companies in the world by net premiums and assets.

Unipol

Unipol Gruppo S.p.A. is an Italian financial services holding company operating in the insurance and banking fields with headquarters in the Unipol Tower, Bologna. As of 2009 it was ranked as the country's fourth-largest insurer.

IPJSC Ingosstrakh is one of the major insurance companies of Russia, insurance public joint-stock company. Headquartered in Moscow, Russia. Ingosstrakh is the legal successor of the Chief Agency of Foreign Insurance of the USSR founded in 1947. In 1972 transformed to the stock company and in 1992 it went private.

Alleanza Assicurazioni is an Italian insurance company based in Milan. It was founded in Genoa in 1898 and refounded in Milan in 2013. The company is particularly active in the life insurance sector.

Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.

Banca Sella Group

Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group. The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont.

Banca Carige S.p.A., historically known as Cassa di Risparmio di Genova e Imperia (Ca.Ri.Ge.) is an Italian bank based in Genoa, with more than 500 bank branches in Italy. The predecessor of the bank, a mount of piety, was founded in 1483 in Genoa, the Republic of Genoa.

Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division and brand of the group Banco BPM.

Banca Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group.

Finsoe S.p.A. is an intermediate holding company for several coop societies of Coop (Italy). Finsoe was the major shareholders of Unipol and in the past, had a direct minority shareholding in Unipol Banca. Until 2015 Unipol had two class of shares, making Finsoe hold 50.75% voting rights and 31.40% share capital on Unipol. However, in mid-2015 all shares were converted to ordinary shares.

Banca Popolare di Cividale is an Italian cooperative bank based in Cividale del Friuli, Friuli - Venezia Giulia.

Aviva Italia Holding is an Italian holding company for the Aviva Group. According to Mediobanca, the group had a combined €3,768,783,000 gross premiums written as the 12th largest insurance company of Italy.

Cattolica Assicurazioni

Società Cattolica di Assicurazione – Società Cooperativa known as Cattolica Assicurazioni is an Italian insurance company. According to Ricerche e Studi, a subsidiary of Mediobanca, the group had a €5,382,471,000 gross premiums written making it the 6th largest Italian insurance company, or the fifth excluding Allianz, a subsidiary of the German insurer. Research by ANIA, showed the insurer as being ranked 5th by market share in non-life insurance (5.63%), but not in the top 5 in life insurance.

Banca Popolare Sant'Angelo S.C.p.A. is an Italian cooperative bank based in Licata and Palermo, the capital of Sicily. The bank also has one branch in Lampedusa, the south most island of Italy and also has a branch in Rome.

Generali Italia Italian insurance company


Generali Italia S.p.A. or simply Generali is an Italian insurance company based in Mogliano Veneto, which is a subsidiary of Generali Group.
Alleanza Assicurazioni, DAS, Genagricola, Genertel and Genertellife, Generali Welion and Generali Jeniot are headed by Generali Italia.

INA Assitalia

INA Assitalia S.p.A. was an insurance company, operating on the Italian market from 1912 to 2013. In the last years it belonged to the Assicurazioni Generali group.

Philippe Donnet French business executive

Philippe Donnet is a French business executive who has served as the CEO of the Italian company Assicurazioni Generali since March 2016.

Cassa di Risparmio di Trieste was an Italian savings bank headquartered in Trieste that operated between 1842 and 2002.

Roberto Pontremoli Italian insurer

Roberto Pontremoli is an Italian insurance executive. From 1993 to 1999, he was CEO of the Istituto Nazionale delle Assicurazioni (INA), and in 1994, founded the Rotary International club of Milan.

References

  1. ↑ "Morta Anna Bonomi Bolchini la signora della finanza". repubblica.it. repubblica.it.
  2. ↑ "Lloyd_Italico". assicurazione.it. assicurazione.it. Retrieved 16 July 2020.
  3. ↑ "Presidenti". yachtclubitaliano.it. yachtclubitaliano.it. Retrieved 16 July 2020.
  4. ↑ "Agenzia Frascà – assiCURIAMO il tuo FUTURO". www.assicurazionifrasca.it. Retrieved 26 May 2022.
  5. ↑ "Eventi chiave". generali.com. generali.com. Retrieved 16 July 2020.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.