26: La Fondiaria Assicurazioni S.p.A

Worldwide GWP for 1998 (£000s):
£2,105,757 (1997: £2,105,888)

Chief executive:
Roberto Gavazzi

Address, telephone and fax number of European head office:
Via Lorenzo
Il Magnifico 1
50129 Florence
Italy
Tel: +39 055 47941
Fax: +39 055 476 026
http://www.lafondiaria.it

Company History:
Five years ago the company was in a terrible situation: 1992 loss L 576bn; 1993 loss L456bn;
1994: loss 430bn. The situation was improved in the years that followed but the group decided to bring in Roberto Gavazzi as the new Managing Director on the back of his success in restructuring Allianz's' Italian operations.

Parent:
GAIC Holding Co

Different classes of business:
Accident and Health
Fire
Motor

Worldwide net written premium for 1998 (£000s):
£1,924,443

Worldwide net written premium for 1997 (£000s):
£1,924,562