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Home > Finance > Italy postpones requirement for firms to insure against natural disasters

Finance

Italy postpones requirement for firms to insure against natural disasters

Published by Global Banking and Finance Review

Posted on March 28, 2025

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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)

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