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Finance

Italy postpones requirement for firms to insure against natural disasters

Published by Global Banking & Finance Review

Posted on March 28, 2025

1 min read

· Last updated: March 28, 2025

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Italy Delays Insurance Requirement for Natural Disasters

ROME (Reuters) - The Italian cabinet on Friday approved a decree postponing a planned requirement for firms to take out insurance against natural disasters, sources said.

The requirement, which was due to take effect in April, has been postponed to October for medium-sized companies and to January 2026 for small firms.

For large companies the April 2025 deadline remains formally in force but the obligation and any sanctions will be suspended for 90 days.

(Reporting by Giuseppe Fonte, writing by Gavin Jones)

Key Takeaways

  • Italy postpones insurance requirement for natural disasters.
  • Medium-sized companies' deadline moved to October.
  • Small firms have until January 2026 to comply.
  • Large companies face a suspended obligation until July 2025.
  • The decree was approved by the Italian cabinet.

Frequently Asked Questions

What is the main topic?
The article discusses Italy's postponement of a requirement for firms to insure against natural disasters.
Who is affected by the postponement?
Medium-sized and small firms in Italy are affected, with new deadlines set for October 2025 and January 2026.
What is the new deadline for large companies?
The April 2025 deadline remains, but obligations and sanctions are suspended for 90 days.

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