Best's Market Segment Report: AM Best Maintains Negative Outlook on Italy's Life Insurance Segment
AMSTERDAM--(BUSINESS WIRE)-- AM Best is maintaining its negative outlook on Italy's life insurance segment.
In its new Best's Market Segment Report, 'Market Segment Outlook: Italy Life Insurance', AM Best notes that while it expects premium growth momentum to continue in 2025, insurers in Italy are still facing elevated levels of surrenders which failed to scale down as hoped. These surrenders continue to exert pressure on net flows, especially with regards to capital-light products.
The report also states that the Italian life insurance segment continues to exhibit an elevated level of concentration, by players and distribution channels. With roughly half of total life premiums written by three companies and distributed through bancassurance channels, these characteristics act as barriers to entry for new companies and prevent smaller participants from gaining market share.
To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=354173.
www.ambest.com.
Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
an hour ago
- Business Wire
Cheese Confectionery Specialty Store 'NEWYORK PERFECT CHEESE': Pizza or Sweets? A Slightly Luxurious Appetizer-Style New Item: 'Perfect Pizza' -- Advance Release at Tokyo Station Store Starting Wednesday, June 4, 2025
TOKYO--(BUSINESS WIRE)-- New Item, 'Perfect Pizza,' to Be Released in Advance at Tokyo Station Store on June 4 NEWYORK PERFECT CHEESE will launch its slightly luxurious new appetizer-style item, 'Perfect Pizza,' available exclusively at the Tokyo Station store starting Wednesday, June 4, 2025. This marks the brand's first new item in eight years since the opening of NEWYORK PERFECT CHEESE. 'Perfect Pizza' features a puff pastry base faintly scented with butter, seasoned with garlic, salt, pepper, and several other spices, and topped with red cheddar known for its creamy and refreshing flavor and Italian Parmigiano Reggiano noted for its light taste and milky richness, which have good compatibility. The puff pastry is baked to a golden crisp, and the harmony of tangy tomato, savory cheese, and crunchy texture makes it a perfect pairing with beer or other alcoholic beverages. Shaped in easy-to-eat sticks, they make a great addition to any party spread. NEWYORK PERFECT CHEESE 'Perfect Pizza' Price: 4 pieces ¥900 (excl. tax) / 6 pieces ¥1,200 (excl. tax) / 8 pieces ¥1,600 (excl. tax) Ranked No.1 Confectionery That Taiwanese and Hong Kong Tourists Want to Buy in Japan According to a survey released by Geelee Media Group on February 1, 2024, NEWYORK PERFECT CHEESE ranked No.1 in the 'Confectionery That Taiwanese and Hong Kong Tourists Want to Buy in Japan' ranking. It has received a high evaluation as one of Japan's representative sweets. NEWYORK PERFECT CHEESE NEWYORK PERFECT CHEESE is a new New York-style cheese confectionery specialty store supervised by three world-renowned cheese experts: a former White House pastry chef, the world's top Japanese fromager, and a French MOF (Meilleur Ouvrier de France) cheesemaker. We carefully select cheeses from around the world and deliver cheese confections that emphasize flavor, aroma, and texture. We craft each sweet by carefully examining the richness, taste, and smoothness of all cheeses worldwide and using optimal temperatures, humidity, and baking methods. Enjoy the unparalleled richness of cheese, with lingering aromas and deep flavors. World-Renowned Cheese Professionals Bill Yosses Former White House Pastry Chef Currently based in New York as the owner-chef of 'Perfect Pie,' acclaimed for making the world's best pies. Miyuki Murase The first Japanese crowned World's Best Fromager Appointed Chevalier of the Confrérie des Chevaliers du Taste-Fromage de France (2006); Winner of Maître Fromager, Guilde Internationale des Fromagers (2013); Awarded the Chevalier of L'Ordre du Mérite Agricole (2015) Rodolphe Le Meunier French M.O.F. Cheesemonger Certified by the French Government (2007); Awarded the title of Meilleur Ouvrier de France (MOF) Fromager; Winner of the International Fromager Competition NEWYORK PERFECT CHEESE Store List Tokyo Station Store 8:00 am–9:00 pm Keio Department Store Shinjuku Store 10:00 am–8:00 pm Haneda Airport Terminal 1 Store 6:00 am–8:00 pm Sogo Yokohama Store 10:00 am–8:00 pm Tobu Ikebukuro Store 10:00 am–8:00 pm Also available at airport duty-free shops Narita Airport International Terminal Store (Fa-So-La TAX FREE AKIHABARA) Kansai International Airport Store (KIX DUTY-FREE, Terminal 1 Building 2F, International Gate Area) New Chitose Airport Store (Northside Duty-Free Shop, International Terminal Building 3F, after passing Security Checkpoint)
Yahoo
an hour ago
- Yahoo
Cheese Confectionery Specialty Store "NEWYORK PERFECT CHEESE": Pizza or Sweets? A Slightly Luxurious Appetizer-Style New Item: "Perfect Pizza" -- Advance Release at Tokyo Station Store Starting Wednesday, June 4, 2025
TOKYO, June 03, 2025--(BUSINESS WIRE)--New Item, "Perfect Pizza," to Be Released in Advance at Tokyo Station Store on June 4 NEWYORK PERFECT CHEESE will launch its slightly luxurious new appetizer-style item, "Perfect Pizza," available exclusively at the Tokyo Station store starting Wednesday, June 4, marks the brand's first new item in eight years since the opening of NEWYORK PERFECT CHEESE. "Perfect Pizza" features a puff pastry base faintly scented with butter, seasoned with garlic, salt, pepper, and several other spices, and topped with red cheddar known for its creamy and refreshing flavor and Italian Parmigiano Reggiano noted for its light taste and milky richness, which have good puff pastry is baked to a golden crisp, and the harmony of tangy tomato, savory cheese, and crunchy texture makes it a perfect pairing with beer or other alcoholic beverages. Shaped in easy-to-eat sticks, they make a great addition to any party spread. NEWYORK PERFECT CHEESE "Perfect Pizza"Price: 4 pieces ¥900 (excl. tax) / 6 pieces ¥1,200 (excl. tax) / 8 pieces ¥1,600 (excl. tax) Ranked No.1 Confectionery That Taiwanese and Hong Kong Tourists Want to Buy in Japan According to a survey released by Geelee Media Group on February 1, 2024, NEWYORK PERFECT CHEESE ranked No.1 in the "Confectionery That Taiwanese and Hong Kong Tourists Want to Buy in Japan" ranking. It has received a high evaluation as one of Japan's representative sweets. Foods & Sweets to Get While in Japan 1st NEWYORK PERFECT CHEESE (108 votes) 8th Pocky (31 votes) 2nd Jaga Pokkuru (106 votes) 9th Ogurasansou (30 votes) 3rd Meiji Chocolate (44 votes) 10th ROYCE' (28 votes) 4th Shiroi Koibito (41 votes) 11th Nissin (Cup Noodles) (27 votes) 5th PRESS BUTTER SAND (36 votes) 12th Yokumoku (26 votes) 6th Rokkatei (33 votes) 13th Tokyo Banana (25 votes) 7th KitKat (32 votes) 14th SUGAR BUTTER TREE (19 votes) Source: Geelee Media Group (n=2,508) NEWYORK PERFECT CHEESE NEWYORK PERFECT CHEESE is a new New York-style cheese confectionery specialty store supervised by three world-renowned cheese experts: a former White House pastry chef, the world's top Japanese fromager, and a French MOF (Meilleur Ouvrier de France) cheesemaker. We carefully select cheeses from around the world and deliver cheese confections that emphasize flavor, aroma, and craft each sweet by carefully examining the richness, taste, and smoothness of all cheeses worldwide and using optimal temperatures, humidity, and baking methods. Enjoy the unparalleled richness of cheese, with lingering aromas and deep flavors. World-Renowned Cheese Professionals Bill Yosses Former White House Pastry ChefCurrently based in New York as the owner-chef of "Perfect Pie," acclaimed for making the world's best pies. Miyuki Murase The first Japanese crowned World's Best FromagerAppointed Chevalier of the Confrérie des Chevaliers du Taste-Fromage de France (2006);Winner of Maître Fromager, Guilde Internationale des Fromagers (2013);Awarded the Chevalier of L'Ordre du Mérite Agricole (2015) Rodolphe Le Meunier French M.O.F. CheesemongerCertified by the French Government (2007);Awarded the title of Meilleur Ouvrier de France (MOF) Fromager;Winner of the International Fromager Competition NEWYORK PERFECT CHEESE Store List Tokyo Station Store 8:00 am–9:00 pm Keio Department Store Shinjuku Store 10:00 am–8:00 pm Haneda Airport Terminal 1 Store 6:00 am–8:00 pm Sogo Yokohama Store 10:00 am–8:00 pm Tobu Ikebukuro Store 10:00 am–8:00 pm Also available at airport duty-free shops Narita Airport International Terminal Store (Fa-So-La TAX FREE AKIHABARA) Kansai International Airport Store (KIX DUTY-FREE, Terminal 1 Building 2F, International Gate Area) New Chitose Airport Store (Northside Duty-Free Shop, International Terminal Building 3F, after passing Security Checkpoint) Official Website: View source version on Contacts pr@ Teppei Tani+81-3-5545-6018 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
an hour ago
- Business Wire
Rocket Lab Successfully Launches 10th Electron Mission for Multi-Launch Customer BlackSky
MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today successfully launched its 65 th Electron to deploy Earth-imaging satellites for real-time space-based intelligence company BlackSky. The 'Full Stream Ahead' mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 11:57 am NZST (23:57 UTC on June 2 nd), successfully deploying a Gen-3 satellite by BlackSky to a 470 km circular earth orbit and further expanding the company's low Earth orbit constellation. Gen-3 was also deployed from a Rocket Lab Motorized Lightband, a separation system for satellites that Rocket Lab has provided BlackSky for each of its launches on Electron to date. 'Full Stream Ahead' is the second in a series of four Electron launches booked by BlackSky to deploy its Gen-3 satellites to orbit this year, and the tenth overall launch for the company since 2019 – making Electron the go-to launch vehicle for BlackSky's constellation to date. Rocket Lab successfully deployed the first of BlackSky's new missions, 'Fasten Your Seatbelts', earlier this year in February 2025. Launching just 16 days after Rocket Lab's prior Electron mission from Launch Complex 1, 'Full Stream Ahead' underscores Electron's reliability amid an accelerating launch cadence. This quick succession of launches with 100% mission success solidifies Electron as one of the world's most consistently and reliably utilized orbital launch vehicles. Rocket Lab founder and CEO, Sir Peter Beck, said: 'Another successful mission to add to Electron's already stellar track record of providing reliable orbital access for constellation developers across the globe. We're laser-focused on delivering an increasing cadence of regular and reliable dedicated access to space for small satellite operators with Electron, and looking forward to continuing to deploy BlackSky's constellation with more Electron launches in the months to come.' 'With each successive launch BlackSky expands on-orbit capacity, introduces Gen-3 capabilities and furthers our ability to meet the demands of the most time-dominant missions. Our partnership with Rocket Lab has demonstrated exceptional agility in deploying capacity where and when our customers need it most,' said Brian O'Toole, BlackSky CEO. Today's launch for BlackSky will be Electron's seventh successful mission of 2025, Rocket Lab's 65 th launch overall, and brings the total number of satellites delivered to space by Electron to 226. Launch images: F65 | Full Stream Ahead | Flickr Launch webcast: Rocket Lab - 'Full Stream Ahead' Launch - YouTube + About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight-proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered more than 200 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit + Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the 'Securities Act') and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'strategy,' 'future,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the 'SEC'), accessible on the SEC's website at and the Investor Relations section of our website at which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
