Assicurazioni Generali S.p.A. ( / ˌ dʒ ɛ n ə ˈ r ɑː l i / JEN -ər- AH -lee , Italian: [assikuratˈtsjoːni dʒeneˈraːli] ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste . As of 2022, it is the largest insurance company in Italy and ranks among the world's largest insurance companies by net premiums and assets.
142-716: Generali's major competitors at the international level are AXA , Allianz and Zurich Insurance Group . The company is listed on the Borsa Italiana and is part of the FTSE MIB index of the same stock exchange. Established on December 26, 1831, as the Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche ('Imperial and Royal Privileged Company for General Austrian-Italian Insurances') in Trieste . Its promoter
284-506: A topographic point of view, superimposed and replaced by the Roman one. The Roman city was then gradually superimposed and replaced by the medieval one. The urban center of Milan has therefore grown constantly and rapidly, until modern times, around the first Celtic nucleus. The original Celtic toponym Medhelanon then changed, as evidenced by a graffiti in Celtic language present on a section of
426-762: A Council ( Consiglio ) and a President, elected contextually to the city Mayor. The urban organisation is governed by the Italian Constitution (art. 114), the Municipal Statute and several laws, notably the Legislative Decree 267/2000 or Unified Text on Local Administration ( Testo Unico degli Enti Locali ). After the 2016 administrative reform, the Borough Councils have the power to advise the Mayor with nonbinding opinions on
568-534: A Japanese garden and a public library. The Montanelli gardens, created in the 18th century, hosts the Natural History Museum of Milan and a planetarium . Slightly away from the city centre, heading east, Forlanini Park is characterised by a large pond and a few preserved shacks which remind of the area's agricultural past. In recent years Milan's authorities pledged to develop its green areas: they planned to create twenty new urban parks and extend
710-602: A UK business unit called SunLife to Resolution Limited . In 2021, the Gulf Insurance Group acquired AXA's holdings in the Gulf region, rebranding them as GIG in the Middle East. Milan Milan ( / m ɪ ˈ l æ n / mil- AN , US also / m ɪ ˈ l ɑː n / mil- AHN , Milanese : [miˈlãː] ; Italian : Milano [miˈlaːno] )
852-503: A banking hub within the Group, moving into the private banking segment. Following the acquisition of INA Assitalia in 2000, Generali acquired Toro Assicurazioni in 2006. As the company expanded, it established Generali Real Estate in 2011 to manage its real estate activities. Generali Real Estate soon became a prominent player in the sector, becoming the sole owner of CityLife , the new residential and commercial complex that stands on
994-621: A bomb exploded at the National Agrarian Bank in Piazza Fontana, killing 17 people and injuring 88. In the 1980s, with the international success of Milanese houses (like Armani , Prada , Versace , Moschino and Dolce & Gabbana ), Milan became one of the world's fashion capitals. The city saw also a marked rise in international tourism , notably from America and Japan, while the stock exchange increased its market capitalisation more than five-fold. This period led
1136-666: A competitor operating in Spain and Portugal 's non-life insurance sector, from the US group Liberty Mutual . As a result, Generali will rise to become the fourth non-life insurance company in Spain, the second in the Portuguese market and will enter the top ten in the sector in Ireland and Northern Ireland . On July 6, 2023, Generali acquired Conning and its subsidiaries. Additionally,
1278-844: A culture of sustainability in sports. Furthermore, Generali sponsors two football stadiums, the Stadion Letná in Prague and the Franz Horr Stadium in Vienna . For over four decades, Generali has been a sponsor of Barcolana , a historic international sailing regatta held annually in the Gulf of Trieste . Additionally, Generali is a sponsor of two marathons , the Generali Berlin Half Marathon in Berlin and
1420-417: A diverse group of shareholders from Trieste and Lombardy-Venetia, including influential figures like Giovanni Cristoforo Ritter de Záhony, Giovanni Battista de Rosmini, Marco Parente, Samuele Della Vida, and Pasquale Revoltella. The Habsburg eagle symbol , a nod to Trieste's Austrian possession since 1382 until 1918, was chosen as the company's emblem. Generali's early presence in multiple markets stemmed from
1562-536: A donkey backward through the city until getting out. Frederick I Barbarossa brought the destruction of much of Milan in 1162. A period of peace followed and Milan prospered as a centre of trade due to its geographical position. During this time, the city was considered one of the largest European cities. As a result of the independence that the Lombard cities gained in the Peace of Constance in 1183, Milan returned to
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#17327721962231704-625: A huge consensus and to pressure the monarchy to forge an alliance with the new French Empire of Napoleon III to defeat Austria and establish a large Italian state in the region. At the Battle of Solferino in 1859 French and Italian troops heavily defeated the Austrians that retreated under the Quadrilateral line . Following this battle, Milan and the rest of Lombardy were incorporated into Piedmont-Sardinia, which then proceeded to annex all
1846-423: A large complex of imperial palaces and other services and buildings of which few visible traces remain. Maximian increased the city area to 375 acres by surrounding it with a new, larger stone wall (about 4.5 km long) with many 24-sided towers. The monumental area had twin towers; the one included later in the construction of the convent of San Maurizio Maggiore remains 16.6 m high. It was from Mediolanum that
1988-412: A large spectrum of topics and are responsible for running most local services, such as schools, social services, waste collection, roads, parks, libraries and local commerce; in addition they are supplied with an autonomous funding to finance local activities. Milan is the capital of the eponymous Metropolitan city . According to the last governmental dispositions concerning administrative reorganisation,
2130-671: A major trade and commercial centre, as the capital of the Duchy of Milan , one of the greatest political, artistic and fashion forces in the Renaissance . Having become one of the main centres of the Italian Enlightenment during the early modern period , it then became one of the most active centres during the Restoration , until its entry into the unified Kingdom of Italy . From the 20th century onwards Milan became
2272-463: A much larger site in Rho . The long decline in traditional manufacturing has been overshadowed by a great expansion of publishing, finance, banking, fashion design, information technology, logistics and tourism. The city's decades-long population decline seems to have partially reverted in recent years, as the comune gained about 100,000 new residents since the last census. The successful re-branding of
2414-512: A nearly two-fold increase in population. In the 1950s and 1960s, a strong demand for new residential and commercial areas drove to extreme urban expansion, that has produced some of the major milestones in the city's architectural history, including Gio Ponti 's Pirelli Tower (1956–60), Velasca Tower (1956–58), and the creation of brand new residential satellite towns, as well as huge amounts of low-quality public housings. In recent years, de-industrialization, urban decay and gentrification led to
2556-648: A non-controlling interest in its former subsidiary Alliance Bernstein . In 2023, AXA has increased investments in Israel as a shareholder in three Israeli banks known to support the Israeli occupation of the West Bank : Bank Hapoalim (US$ 9.99M), Bank Leumi (US$ 6M), and Israel Discount Bank (US$ 3.4M). By August 2024, however, AXA had completed a "full divestment" from all three banks, according an analysis by ethical-investing advocacy group Ekō . In February 2023,
2698-430: A population estimated at 3,196,825, with a resulting density of 2,029 inhabitants per square kilometre (5,260/sq mi). A larger urban area, comprising parts of the provinces of Milan, Monza e Brianza, Como, Lecco and Varese is 1,891 square kilometres (730 sq mi) wide and has a population of 5.27 million with a density of 2,783 inhabitants per square kilometre (7,210/sq mi). The concentric layout of
2840-418: A role in the trade between Asia and some African countries. In January 2016, Axa created Kamet Ventures, an insurtech incubator, to build disruptive businesses in the insurance, healthcare and assistance space with an initial funding of €100 million. Some of Kamet's investments include an insurance advice platform, Anorak Technologies and an elderly care platform, Birdie Axa Investment Managers (Axa IM),
2982-516: A shareholder in the AXA Midi group . In 1996, Generali made a strategic decision to sell its share package, providing the necessary liquidity for the purchase of INA Assitalia . In 1994, Generali launched Genertel , the first company in Italy to offer financial services via telephone. Four years later, in 1998, Banca Generali was established as an online bank. Over time, Banca Generali evolved into
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#17327721962233124-681: A theatre and an amphitheatre (129.5 x 109.3 m), the third largest in Roman Italy after the Colosseum in Rome and the vast amphitheatre in Capua . A large stone wall encircled the city in Caesar's time, and later was expanded in the late third century AD, by Maximian . Maximian built several gigantic monuments including the large circus (470 × 85 metres) and the thermae or Baths of Hercules ,
3266-520: A vast urban renewal of former industrial areas, that have been transformed into modern residential and financial districts, notably Porta Nuova in downtown Milan and FieraMilano in the suburb of Rho . In addition, the old exhibition area is being completely reshaped according to the Citylife regeneration project, featuring residencial areas, museums, an urban park and three skyscrapers designed by international architects, and after whom they are named:
3408-581: Is Axa Financial, Inc. , which is known mainly through its subsidiaries such as Axa Advisors , Axa Network , MONY (formerly Mutual of New York ), US Financial Life , and AllianceBernstein . The Equitable was acquired in 1991; the Mutual Life Insurance Company of New York (MONY) was acquired in 2004. Axa's US operations are incorporated in Delaware. In July 2008, Axa acquired ING Insurance Mexico, offering essentially
3550-480: Is a city in northern Italy , regional capital of Lombardy , the largest city in Italy by urban population and the second-most-populous city proper in Italy after Rome . The city proper has a population of about 1.4 million, while its metropolitan city has 3.22 million residents. The urban area of Milan is the fourth-most-populous in the EU with 6.17 million inhabitants. According to national sources,
3692-816: Is a covered passage with a glass and cast iron roof, inspired by the Burlington Arcade in London. Several other arcades such as the Galleria del Corso , built between 1923 and 1931, complement it. Another late-19th-century eclectic monument in the city is the Cimitero Monumentale graveyard, built in a Neo-Romanesque style between 1863 and 1866. The tumultuous period of early 20th century brought several, radical innovations in Milanese architecture. Art Nouveau , also known as Liberty in Italy,
3834-404: Is a global investment —management firm with offices in over 22 locations worldwide. As of 31 December 2020, it manages over €858 billion in assets on behalf of institutional and retail clients. It operates as the investment arm for Axa. AXA Asia Pacific Holdings Limited acquired MLC (Hong Kong) Limited and re-branded it as AXA (Hong Kong) Life Insurance Company Limited in 2006. In 2010, Axa sold
3976-486: Is also a well-known centre for artists. Milan features a mid-latitude, four-season humid subtropical climate ( Cfa ), according to the Köppen climate classification . Milan's climate is similar to much of Northern Italy's inland plains, with hot, humid summers and cold, foggy winters. The Alps and Apennine Mountains form a natural barrier that protects the city from the major circulations coming from northern Europe and
4118-646: Is among the least windy cities in Europe. The legislative body of the Italian comuni is the City Council ( Consiglio Comunale ), which in cities with more than one million population is composed by 48 councillors elected every five years with a proportional system, at the same time of the mayoral elections. The executive body is the City Committee ( Giunta Comunale ), composed by 12 assessors , that
4260-625: Is credited to two Celtic peoples , the Bituriges and the Aedui , having as their emblems a ram and a boar; therefore "The city's symbol is a wool-bearing boar, an animal of double form, here with sharp bristles, there with sleek wool." Alciato credits Ambrose for his account. Around 590 BC a Celtic tribe belonging to the Insubres group and belonging to the Golasecca culture settled
4402-530: Is generally absent: over the course of the year typical wind speeds vary from 0 to 14 km/h (0 to 9 mph) (calm to gentle breeze), rarely exceeding 29 km/h (18 mph) (fresh breeze), except during summer thunderstorms when winds can blow strong. In the spring, gale-force windstorms may happen, generated either by Tramontane blowing from the Alps or by Bora -like winds from the north. Due to its geographic location surrounded by mountains on 3 sides, Milan
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4544-824: Is involved in indemnifying the policies of Holocaust victims (having created in 1997 a “Policy Information Center” in Trieste, funded the independent trust “The Generali Fund in Memory of the Generali Insured in East and Central Europe Who Perished in the Holocaust”, ceased in 2008, and being a founding member of the International Commission on Holocaust Era Insurance Claims ), a lawsuit aiming to collect claims on life insurance policies sold to victims of
4686-494: Is located for €150m in June 2023. Axa headquarters is located in the 8th arrondissement of Paris . Axa, which already owned 23 Avenue Matignon, acquired the former Hotel de La Vaupalière, an 18th-century building, in the late 1990s. Architect Ricardo Bofill integrated the facade of the hotel with a modern glass building that covers the courtyard that the hotel also occupies. The complex serves as Axa's head office. Axa trades in
4828-484: Is more likely to be accompanied by thunderstorms and hail . Springs and autumns are generally pleasant, with temperatures ranging between 10 and 20 °C (50 and 68 °F); these seasons are characterized by higher rainfall, especially in April and May. Relative humidity typically ranges between 45% (comfortable) and 95% (very humid) throughout the year, rarely dropping below 27% (dry) and reaching as high as 100%. Wind
4970-476: Is nominated and presided over by a directly elected Mayor . The current mayor of Milan is Giuseppe Sala , an independent leading a centre-left alliance led by the Democratic Party . The municipality of Milan is subdivided into nine administrative Borough Councils ( Consigli di Municipio ), down from the former twenty districts before the 1999 administrative reform. Each Borough Council is governed by
5112-485: Is recognisable in Palazzo Castiglioni , built by architect Giuseppe Sommaruga between 1901 and 1903. Other examples include Hotel Corso, Casa Guazzoni with its wrought iron and staircase, and Berri-Meregalli house, the latter built in a traditional Milanese Art Nouveau style combined with elements of neo-Romanesque and Gothic revival architecture, regarded as one of the last such types of architecture in
5254-744: The Academy of Fine Arts ). The massive Arch of Peace , situated at the bottom of Corso Sempione, is often compared to the Arc de Triomphe in Paris. In the second half of the 19th century, Milan quickly became the main industrial centre of the new Italian nation, drawing inspiration from the great European capitals that were hubs of the Second Industrial Revolution . The great Galleria Vittorio Emanuele II , realised by Giuseppe Mengoni between 1865 and 1877 to celebrate Vittorio Emanuele II ,
5396-645: The Austrian Habsburgs . In 1713–1714 the Treaties of Utrecht and Rastatt formally confirmed Austrian sovereignty over most of Habsburg Spain's Italian possessions including Lombardy and its capital, Milan. Napoleon invaded Italy in 1796, and Milan was declared capital of the Cisalpine Republic . Later, he declared Milan capital of the Kingdom of Italy and was crowned King of Italy in
5538-872: The Emperor Constantine issued what is now known as the Edict of Milan in AD 313, granting tolerance to all religions within the Empire, thus paving the way for Christianity to become the dominant religion of the Empire. Constantine was in Mediolanum to celebrate the wedding of his sister to the Eastern Emperor, Licinius . In 402, the Visigoths besieged the city and the Emperor Honorius moved
5680-482: The Insubres group and belonging to the Golasecca culture , it was conquered by the ancient Romans in 222 BC, who Latinized the name of the city into Mediolanum . The city's role as a major political centre dates back to the late antiquity , when it served as the capital of the Western Roman Empire . From the 12th century until the 16th century, Milan was one of the largest European cities and
5822-541: The Italian Wars . The king's cousin, Louis of Orléans , took part in the expedition and realized most of Italy was virtually defenseless. This prompted him to come back a few years later in 1500, and claim the Duchy of Milan for himself, his grandmother having been a member of the ruling Visconti family. At that time, Milan was also defended by Swiss mercenaries . After the victory of Louis's successor François I over
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5964-657: The Lombards (from whom the name of the Italian region Lombardy derives), conquered Milan, overpowering the small Byzantine garrison left for its defence. Some Roman structures remained in use in Milan under Lombard rule. Milan surrendered to Charlemagne and the Franks in 774. The 11th century saw a reaction against the control of the Holy Roman Emperors . City-states emerged in northern Italy, an expression of
6106-501: The Ospedale Maggiore and Bramante's work in the city, which includes Santa Maria presso San Satiro (a reconstruction of a small 9th-century church), the tribune of Santa Maria delle Grazie and three cloisters for Sant'Ambrogio. The Counter-Reformation in the 16th to 17th centuries was also the period of Spanish domination and was marked by two powerful figures: Saint Charles Borromeo and his cousin, Cardinal Federico Borromeo . Not only did they impose themselves as moral guides to
6248-432: The Procuratie Vecchie , the seat of the Venice administration, underwent restructuring. Amidst the challenges of the First World War , which pitted Italy against Austria-Hungary, Generali's Venetian and Trieste headquarters maintained their operational independence, allowing the company to navigate complex circumstances without taking political positions that could compromise its integrity. In 1920, Edgardo Morpurgo assumed
6390-424: The Second World War Milan's large industrial and transport facilities suffered extensive damage from Allied bombings that often also hit residential districts. When Italy surrendered in 1943, German forces occupied and plundered most of northern Italy, fueling the birth of a massive resistance guerrilla movement. On 29 April 1945, the American 1st Armored Division was advancing on Milan but, before it arrived,
6532-458: The Universal Company of the Suez Canal . The opening of the canal brought about a favorable economic climate for Generali, leading to its expansion across various regions, from the eastern Mediterranean to North Africa , the Far East , and the Americas . Under the stewardship of Marco Besso, who managed the company from 1877 to 1920 and eventually became its president, Generali assumed an international dimension. The company opened agencies in
6674-442: The Welsh word llan , meaning "a sanctuary or church", ultimately cognate to English/German Land ) in which Celtic communities used to build shrines. Hence Mediolanum could signify the central town or sanctuary of a Celtic tribe. Indeed, about sixty Gallo-Roman sites in France bore the name "Mediolanum", for example: Saintes ( Mediolanum Santonum ) and Évreux ( Mediolanum Aulercorum ). In addition, another theory links
6816-400: The Winter Olympic and Paralympic games for the first time in 2026, together with Cortina d'Ampezzo . Milan was founded with the Celtic name of Medhelanon, later Latinized by the ancient Romans into Mediolanum . In Celtic language medhe- meant "middle, centre" and the name element -lanon is the Celtic equivalent of Latin -planum "plain", meant "(settlement) in the midst of
6958-419: The cathedral . Once Napoleon's occupation ended, the Congress of Vienna returned Lombardy and Milan, to Austrian control in 1815. On 18 March 1848 Milan effectively rebelled against Austrian rule, during the so-called " Five Days " ( Italian : Le Cinque Giornate ), that forced Field Marshal Radetzky to temporarily withdraw from the city. The bordering Kingdom of Piedmont–Sardinia sent troops to protect
7100-443: The centre-left coalition and 13 from the Five Star Movement. The seat of the regional government is Palazzo Lombardia that, standing at 161.3 metres (529 feet), is the fifth-tallest building in Milan. The architectural and artistic presence in Milan represents one of the attractions of the Lombard capital. Milan has been among the most important Italian centers in the history of architecture , has made important contributions to
7242-421: The centre-right coalition , a coalition of centrist and right-wing parties, led by Attilio Fontana, largely won the regional election, defeating a coalition of socialists, liberals and ecologists and a third-party candidate from the populist Five Stars Movement . The conservatives have governed the region almost uninterruptedly since 1970. The regional council has 48 members from the centre-right coalition, 18 from
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#17327721962237384-410: The largest economies among EU cities. Milan is viewed along with Turin as the southernmost part of the Blue Banana urban development corridor (also known as the "European Megalopolis"), and one of the Four Motors for Europe . Milan is a major international tourist destination, appearing among the most visited cities in the world, ranking second in Italy after Rome, fifth in Europe and sixteenth in
7526-558: The subsidiary Axa - Global Healthcare became an independent Managing General Agent, selling and administering international health insurance products. While Axa Health provides insurance across the UK, Axa - Global Healthcare caters to those needing health insurance around the world. In 2018, Axa - Global Healthcare launched a Virtual Doctor service for its customers with outpatient cover and in 2020 offered it across all plans. Provided by Teladoc Health , it offers anytime access to medical advice by phone or video by doctors located around
7668-412: The third largest in the world , as well as the most important example of Gothic architecture in Italy. The gilt bronze statue of the Virgin Mary , placed in 1774 on the highest pinnacle of the Duomo, soon became one of the most enduring symbols of Milan . In the 15th century, when the Sforza ruled the city, an old Viscontean fortress was enlarged and embellished to become the Castello Sforzesco ,
7810-417: The 202-metre (663-foot) Isozaki Arata —when completed, the tallest building in Italy, the twisted Hadid Tower , and the curved Libeskind Tower . Two business districts dominate Milan's skyline: Porta Nuova in the north-east (boroughs No. 9 and 2) and CityLife (borough No. 8) in the north-west part of the commune. The tallest buildings include the Unicredit Tower at 231 m (though only 162 m without
7952-405: The 4th largest French company . The Axa Group operates primarily in Western Europe , North America, the Indian Pacific region, and the Middle East , with a presence in Africa as well. It is a component of the Euro Stoxx 50 stock market index . In 2023, the company was ranked 48th in the Forbes Global 2000 . Despite being written by the company in upper case, "AXA" is not an acronym . It
8094-895: The AMP brand. In April 2016 Axa unveiled a partnership with Lloyd's of London insurer Chaucer Holdings to enter the growing market of speciality insurance in Africa. Axa Africa Specialty Risks helps to mitigate risks through its coverholder, Chaucer Syndicate 1084 and Axa Africa Specialty Risks 6130. Axa ASR focuses on specialty and corporate lines, with coverage and an on-the-ground presence across Africa. Axa and Lloyd's both have excellent international financial strength ratings (AA- by Fitch and A+ by Standard & Poor's). The lines of business include: Political Risk, Political Violence and Terrorism, Energy, Construction, Property, Liability, Marine and Aviation. Since 2014 Axa has made several acquisitions of other insurers in an attempt to expand. Axa already operates in Cameroon, Egypt, Gabon, Ivory Coast, Morocco, Nigeria, Senegal and Algeria. Axa Africa also has
8236-477: The Axa name in 1985. Axa took over The Equitable in 1991 and bought Union des Assurances De Paris (UAP), France's largest insurer, in 1996 to become Axa-UAP. It reverted to the name Axa in 1999. In February 1999, Axa acquired Guardian Royal Exchange . In May 2000, it acquired all shares it did not already own in Sun Life & Provincial Holdings . On 14 June 2006, Axa acquired Winterthur Group from Credit Suisse for approximately €9 billion. As of 2011, Axa
8378-428: The Generali München Marathon in Munich . Generali also supports culture and in France, since 1995, it has been committed to promoting and reviving Italian art and culture. The first commitment was to support the restoration of Giambattista Tiepolo 's "Henry III Received at the Villa Contarini", a fresco depicting the arrival of King Henry III in Venice , exhibited at the Jacquemart-André Museum . Although Generali
8520-427: The Holocaust was started. In 2007 Generali decided to voluntarily enter into a class action settlement approved by the US Court of Appeals for the Second Circuit , after the lower court had already dismissed all of the cases and claims against it. The Law & Order episode "Blood Money" is based on Generali subsidiaries selling life insurance to poor Jews in WWII Europe and then not paying out in case of death. In
8662-412: The Imperial residence to Ravenna . In 452, Attila besieged the city, but the real break with the city's Imperial past came in 539, during the Gothic War , when Uraias (a nephew of Witiges , formerly King of the Italian Ostrogoths ) carried out attacks in Milan, with losses, according to Procopius , being about 300,000 men. The Lombards took Ticinum as their capital in 572 (renaming it Papia –
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#17327721962238804-432: The Insubres and captured the settlement in 222 BC. The chief of the Insubres then submitted to Rome, giving the Romans control of the settlement. The Romans eventually conquered the entirety of the region , calling the new province " Cisalpine Gaul " ( Latin : Gallia Cisalpina )—"Gaul this side of the Alps"—and may have given the city its Latinized name of Mediolanum : in Gaulish *medio- meant "middle, centre" and
8946-558: The Italian resistance seized control of the city and executed Mussolini along with his mistress and several regime officers, that were later hanged and exposed in Piazzale Loreto , where one year before some resistance members had been executed. During the post-war economic boom, the reconstruction effort and the Italian economic miracle attracted a large wave of internal migration (especially from rural areas of southern Italy ) to Milan. The population grew from 1.3 million in 1951 to 1.7 million in 1967. During this period, Milan
9088-570: The London Association for Hospital Services, set up in 1938 as a private healthcare scheme for people of middle income in London . It was incorporated in 1940 with assistance from the British Medical Association , the King's Fund , and the medical royal colleges . Guardian Royal Exchange Assurance bought it in 1998 for £435 million; a year later it was bought by Sun Life & Provincial Holdings , an Axa subsidiary. Axa - Global Healthcare has previously been known as Axa PPP International, Axa Global Protect or Axa Healthcare Management. In 2017,
9230-417: The Mayor of Milan is designated to exercise the functions of Metropolitan mayor ( Sindaco metropolitano ), presiding over a Metropolitan Council formed by 24 mayors of municipalities within the Metro municipality. The Metropolitan City of Milan is headed by the Metropolitan Mayor ( Sindaco metropolitano ) and by the Metropolitan Council ( Consiglio metropolitano ). Since 21 June 2016, Giuseppe Sala , as mayor of
9372-435: The Medhelanon community were built. First, a temple dedicated to the goddess Belisama was built, which was located near the modern Milan Cathedral . Then, near the modern Via Moneta, which is located near today's Piazza San Sepolcro , a fortified building with military functions was built which was surrounded by a defensive moat. During the Roman Republic , the Romans, led by consul Gnaeus Cornelius Scipio Calvus , fought
9514-430: The Mediterranean, St. Petersburg , Warsaw , the Americas, and the Far East, while also founding subsidiaries such as Erste Allgemeine Schaden und Unfallversicherung in Vienna , Generala in Romania , Anonima Grandine, and Anonima Infortuni in Italy . During this period, Generali's most prestigious Italian offices were constructed, including notable buildings in Florence , Trieste, Milan , Rome , and Turin . In 1914,
9656-427: The Roman walls of Milan which dates back to a period following the Roman conquest of the Celtic village, in Mesiolano. In 286, the Roman Emperor Diocletian moved the capital of the Western Roman Empire from Rome to Mediolanum. Diocletian himself chose to reside at Nicomedia in the Eastern Empire, leaving his colleague Maximian at Milan. During the Augustan age Mediolanum was famous for its schools; it possessed
9798-399: The Spanish line of Habsburgs, while Ferdinand's Austrian line of Habsburgs ruled the Holy Roman Empire. The Great Plague of Milan in 1629–31, that claimed the lives of an estimated 60,000 people out of a population of 130,000, caused unprecedented devastation in the city and was effectively described by Alessandro Manzoni in his masterpiece The Betrothed . This episode was seen by many as
9940-444: The Swiss at the Battle of Marignan , the duchy was promised to the French king François I . When the Spanish Habsburg Emperor Charles V defeated François I at the Battle of Pavia in 1525, northern Italy , which included Milan, passed to Habsburg Spain . In 1556, Charles V abdicated in favour of his son Philip II and his brother Ferdinand I . Charles's Italian possessions, including Milan, passed to Philip II and remained with
10082-405: The United Kingdom as Axa UK, with subsidiaries including Axa Insurance, Axa Wealth and Axa Health. AXA PPP International was the trading name for AXA PPP healthcare's international health insurance division, which was later rebranded as AXA - Global Healthcare on 1 January 2017. The company bought the online insurer Swiftcover , notorious for its controversial Iggy Pop TV advertising campaign which
10224-687: The area of the old Milan fair at Portello . Among the notable structures within CityLife is the Generali Tower , designed by archistar Zaha Hadid , which has served as the Group's headquarters in Milan since 2019. In 2013, a significant corporate restructuring took place when the Italian branch of Assicurazioni Generali was incorporated into INA Assitalia, leading to the formation of Generali Italia . The new entity, effective from July 1, 2013, encompassed Toro Assicurazioni , Lloyd Italico , and Augusta Assicurazioni , with Philippe Donnet assuming
10366-485: The best examples of Neoclassical architecture in Lombardy. The Napoleonic rule of the city in 1805–1814, having established Milan as the capital of a satellite Kingdom of Italy , took steps to reshape it accordingly to its new status, with the construction of large boulevards, new squares ( Porta Ticinese by Luigi Cagnola and Foro Bonaparte by Giovanni Antonio Antolini ) and cultural institutions ( Art Gallery and
10508-479: The capital city, has been the mayor of the Metropolitan City. Milan is also the capital of Lombardy , one of the twenty regions of Italy. Lombardy is by far the most populated region of Italy, with more than ten million inhabitants, almost one sixth of the national total. It is governed by a Regional Council, composed of 80 members elected for a five-year term. On 26 March 2018, a list of candidates of
10650-511: The city as a global capital of innovation has been instrumental in its successful bids for hosting large international events such as 2015 Expo and 2026 Winter Olympics . Milan is located in the north-western section of the Po Valley , approximately halfway between the river Po to the south and the foothills of the Alps with the great lakes ( Lake Como , Lake Maggiore and Lake Lugano ) to
10792-515: The city centre reflects the Navigli , an ancient system of navigable and interconnected canals, now mostly covered. The suburbs of the city have expanded mainly to the north, swallowing up many comuni along the roads towards Varese, Como, Lecco and Bergamo. In the 21st century the Navigli region of Milan is a highly active area with a large number of residential units, bars and restaurants. It
10934-570: The city under the name Medhelanon. According to the legend reported by Livy (writing between 27 and 9 BC), the Gaulish king Ambicatus sent his nephew Bellovesus into northern Italy at the head of a party drawn from various Gaulish tribes; Bellovesus allegedly founded the settlement in the times of the Roman monarchy, during the reign of Tarquinius Priscus . Tarquin is traditionally recorded as reigning from 616 to 579 BC, according to ancient Roman historian Titus Livy. Medhelanon, in particular,
11076-447: The city. A new, more eclectic form of architecture can be seen in buildings such as Castello Cova, built the 1910s in a distinctly neo-medieval style, evoking the architectural trends of the past. An important example of Art Deco , which blended such styles with Fascist architecture , is the huge Central railway station inaugurated in 1931. The post-World War II period saw rapid reconstruction and fast economic growth, accompanied by
11218-579: The commune form of local government first established in the 11th century. In 1395, Gian Galeazzo Visconti became the first Duke of Milan upon receiving the title from Wenceslaus, King of the Romans . In 1447 Filippo Maria Visconti , Duke of Milan, died without a male heir; following the end of the Visconti line, the Ambrosian Republic was established; it took its name from St. Ambrose,
11360-521: The company entered into a ten-year partnership with Cathay Life , making the latter a minority shareholder (holding 16.75% of shares) in Generali Investment Holding, an entity that houses the majority of Generali's asset management activities. This acquisition bolstered Generali's total assets under management , which then amounted to 775 billion euros, an increase of 144 billion euros. Consequently, Generali claimed its position as
11502-519: The company established Genagricola, which focused on the Group's agricultural activities. From 1968 to 1979 Cesare Merzagora was president and restructured the company in a more efficient and transparent way. He was succeeded by Enrico Randone, who held the position until 1990. In 1988, Generali bolstered its presence in France by acquiring a stake in Compagnie du Midi . The following year, it became
11644-691: The company sold Axa Bank Belgium to Crelan for €620 million (US$ 688.51 million). In 2019, AXA partially disinvested from the Israeli arms group Elbit Systems following pressure from the Boycott, Divestment and Sanctions movement. The move followed several years of campaigning by NGOs, including an April 2018 petition launched by SumOfUs that received 140,000 signatures, leading AXA to “quietly reduce” its investments in Elbit and Israeli banks. AXA remains indirectly invested in Elbit and Israeli banks through
11786-495: The company sold a 7.94% stake in Banca Monte dei Paschi di Siena (MPS) to institutional investors . The package included approximately 100,000,000 MPS shares at a price of €2.33 ($ 2.5) per share, for a total transaction value of €233 million ($ 250 million). Axa retained 0.0007% of the Italian bank's capital. Axa Investment Managers acquired France's Bry-sur-Marne film studio and the 12 hectare plot of land on which it
11928-475: The company to become the largest insurance company in the newly formed kingdom, with Samuele Della Vida overseeing the Italian branch until 1875. In 1869, Generali foresaw the significant impact of the Suez Canal 's inauguration on world trade. Key figures within the company, including Pasquale Revoltella and Giuseppe Morpurgo, were involved in the historic event, with Revoltella becoming the vice president of
12070-671: The company's dual management structure, with the main office in Trieste responsible for the company's affairs and relations with the Habsburg Monarchy , (at the time, Trieste was the most important seaport of the Austrian Empire ). Meanwhile, a management office in Venice oversaw activities in Lombardy-Venetia and the Italian peninsula. Financed with a share capital of two million florins , Generali attracted
12212-406: The company's image was managed by Marcello Dudovich , contributing to its growing reputation. Alleanza Assicurazioni was acquired during this period. However, the mid-1930s brought challenges, as the rise of racial laws and the tightening relationship with Fascism created a difficult environment. In the first century of activity, Assicurazioni Generali had consolidated and expanded also thanks to
12354-542: The company. Following the uprisings of the Risorgimento in 1848, the "Austrian-Italian" adjective was dropped, and the company became only Assicurazioni Generali. By 1856, Generali had grown to become the largest insurance company in the Austrian Empire , culminating in its listing on the Trieste Stock Exchange the following year. Following Italy's unification, Generali's Venetian management led
12496-479: The complexities. Between 1960 and 1968, Baroncini, who had been with Generali since 1937, served as president during Italy's economic boom . In 1963 the French branch of Generali, Concorde, adopting the intuition of Pierre Desnos, founded Europ Assistance ; the new company gave birth to the concept of "private assistance", offering organized support to individuals facing difficult situations away from home. In 1974,
12638-415: The creation of the Celtic sanctuary, the first residential settlements began to be built around it. Medhelanon then transformed from a simple religious center to an urban and then military centre, thus becoming a real village. The first homes were built just south of the Celtic sanctuary, near the modern Royal Palace of Milan . Subsequently, with the growth of the town centre, other important buildings for
12780-654: The decisive presence of shareholders and managers of Jewish origin, from the Morpurgos to the Maurogonatos, from the Levi Della Vidas to the Treves de' Bonfilis. In 1938, as the impending " racial laws " loomed and Benito Mussolini visited Trieste, a Morpurgo, who was serving as president at the time, was asked to resign, handing over the presidency to Giuseppe Volpi di Misurata . During this era, Generali
12922-443: The development of art history, and has been the cradle of a number of modern art movements. There are only few remains of the ancient Roman city, notably the well-preserved Colonne di San Lorenzo . During the second half of the 4th century, Saint Ambrose , as bishop of Milan, had a strong influence on the layout of the city, reshaping the centre (although the cathedral and baptistery built in Roman times are now lost) and building
13064-609: The development of mulberry cultivation and silk processing. Following this economic growth, works such as the Sforza Castle (already existing in the Visconti era under the name of Porta Giovia Castle, but re-adapted, enlarged and completed by the Sforza family) and the Ospedale Maggiore were completed. The Sforzas also managed to attract to Milan personalities such as Leonardo da Vinci , who redesigned and improved
13206-626: The episode, the motive for a retired insurance salesman's murder appears to be a series of policies he sold to Jews in Poland during the Holocaust. Axa Axa S.A. is a French multinational insurance corporation headquartered in the 8th arrondissement of Paris . It also provides investment management and other financial services via its subsidiaries. As of 2023, it is the largest financial services company by revenue in France, and
13348-400: The fields of art , chemicals , commerce, design, education, entertainment, fashion , finance, healthcare, media (communication), services, research, and tourism. Its business district hosts Italy's stock exchange ( Italian : Borsa Italiana ), and the headquarters of national and international banks and companies. In terms of GDP, Milan is the wealthiest city in Italy, having also one of
13490-603: The foundation implements various programs aimed at two primary target groups: families and refugees. The Human Safety Net is based at the Procuratie Vecchie , Generali's historic headquarters in Venice . Generali demonstrates a strong commitment to sports sponsorship and sustainability, engaging in various initiatives that promote and support sports activities. In 2010, Generali launched the Responsible Sports Charter, aimed at actively fostering
13632-509: The function of the navigli and painted The Last Supper , and Bramante , who worked on the church of Santa Maria presso San Satiro , on the basilica of Sant'Ambrogio and to the church of Santa Maria delle Grazie , influencing the development of the Lombard Renaissance . Milan's last independent ruler, Lodovico il Moro , requested the aid of Charles VIII of France against the other Italian states , eventually unleashing
13774-582: The great basilicas at the city gates: Sant'Ambrogio , San Nazaro in Brolo , San Simpliciano and Sant'Eustorgio , which still stand, refurbished over the centuries, as some of the finest and most important churches in Milan. Milan's Cathedral , built between 1386 and 1877, is the largest church in the Italian Republic—the larger St. Peter's Basilica is in the State of Vatican City , a sovereign state—and
13916-469: The historically commercial nature of both Trieste and Venice. In its first decade, the company's agency network expanded across all Italian states, major cities of the empire, and leading European ports. Until 1847, Gianbattista de Rosmini, the legal adviser and a significant shareholder, played a pivotal role, serving as the permanent president of the General Congresses and effectively leading
14058-506: The industrial and financial capital of Italy. Milan has been recognized as one of the world's four fashion capitals . Many of the most famous luxury fashion brands in the world have their headquarters in the city, including: Armani , Prada , Versace , Valentino , Loro Piana and Zegna . It also hosts several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair , which are among
14200-542: The insurgents and organised a plebiscite that ratified by a huge majority the unification of Lombardy with Piedmont–Sardinia. But just a few months later the Austrians were able to send fresh forces that routed the Piedmontese army at the Battle of Custoza on 24 July and to reassert Austrian control over northern Italy. About ten years later, however, Italian nationalist politicians, officers and intellectuals such as Cavour , Garibaldi and Mazzini were able to gather
14342-469: The major South European rail hub for goods and passenger transport. Indeed, Milan and Venice were among the main stops of the Orient Express that started operating from 1919. Abundant hydroelectric resources allowed the development of a strong steel and textile sector and, as Milanese banks dominated Italy's financial sphere, the city became the country's leading financial centre. In May 1898, Milan
14484-416: The mass media to nickname the metropolis "Milano da bere" , literally "Milan to be drunk". But in the 1990s Milan was badly affected by Tangentopoli , a political scandal in which many politicians and businessmen were tried for corruption. The city was also affected by a severe financial crisis and a steady decline in textiles, automobile and steel production. Berlusconi's Milano 2 and Milano 3 projects were
14626-579: The modern Pavia ), and left early-medieval Milan to the governance of its archbishops . After the siege of the city by the Visigoths in 402, the imperial residence moved to Ravenna . Attila , King of the Huns , sacked and devastated the city in 452 AD. In 539 the Ostrogoths conquered and destroyed Milan during the Gothic War against Byzantine Emperor Justinian I . In the summer of 569
14768-411: The most important housing projects of the 1980s and 1990s in Milan and brought to the city new economical and social energy. In the early 21st century Milan underwent a series of sweeping redevelopments over huge former industrial areas. Two new business districts, Porta Nuova and CityLife , were built in the space of a decade, radically changing the skyline of the city. Its exhibition centre moved to
14910-465: The name element -lanon is the Celtic equivalent of Latin -planum "plain", thus *Mediolanon (Latinized as Mediolānum ) meant "(settlement) in the midst of the plain". Mediolanum became the most important center of Cisalpine Gaul and, in the wake of economic development, in 49 BC, was elevated, within the Lex Roscia , to the status of municipium . The ancient Celtic settlement was, from
15052-520: The name to the scrofa semilanuta ("half-woolly sow") an ancient emblem of the city, fancifully accounted for in Andrea Alciato 's Emblemata (1584), beneath a woodcut of the first raising of the city walls, where a boar is seen lifted from the excavation, and the etymology of Mediolanum given as "half-wool", explained in Latin and in French. According to this theory, the foundation of Milan
15194-441: The new political power of the cities and their will to fight against all feudal powers. Milan was no exception. It did not take long, however, for the Italian city-states to begin fighting each other to try to limit neighbouring powers. The Milanese destroyed Lodi and continuously warred with Pavia, Cremona and Como, who in turn asked Frederick I Barbarossa for help. In a sally they captured Empress Beatrice and forced her to ride
15336-462: The ninth European player in terms of assets under management. Generali operates in 50 countries through a network of over 400 companies. The company's current organizational structure comprises five distinct Business Units: The company's business model revolves around three core pillars: Banca Generali is a subsidiary of Assicurazioni Generali, of which it owns 50.17%. As of April 17, 2023, Assicurazioni Generali's shareholders were: Based on
15478-602: The north, the Ticino river to the west and the Adda to the east. The city's land is flat, the highest point being at 122 m (400.26 ft) above sea level . The administrative comune covers an area of about 181 square kilometres (70 sq mi), with a population, in 2013, of 1,324,169 and a population density of 7,315 inhabitants per square kilometre (18,950/sq mi). The Metropolitan City of Milan covers 1,575 square kilometres (608 sq mi) and in 2015 had
15620-484: The other Italian statelets and proclaim the birth of the Kingdom of Italy on 17 March 1861. The political unification of Italy enhanced Milan's economic dominance over northern Italy. A dense rail network, whose construction had started under Austrian patronage, was completed in a brief time, making Milan the rail hub of northern Italy and, with the opening of the Gotthard (1882) and Simplon (1906) railway tunnels,
15762-484: The people of Milan, but they also gave a great impulse to culture, with the creation of the Biblioteca Ambrosiana , in a building designed by Francesco Maria Richini , and the nearby Pinacoteca Ambrosiana . Many notable churches and Baroque mansions were built in the city during this period by the architects, Pellegrino Tibaldi , Galeazzo Alessi and Richini himself. Empress Maria Theresa of Austria
15904-616: The plain", or of "place between watercourses" (Celtic medhe = "in the middle, central"; land or lan = "land"), given the presence of the Olona , Lambro , Seveso rivers and the Nirone and Pudiga streams. The Latin name Mediolanum comes from the Latin words medio (in the middle) and planus (plain). However, some scholars believe that lanum comes from the Celtic root lan , meaning an enclosure or demarcated territory (source of
16046-845: The popular patron saint of the city. Both the Guelph and the Ghibelline factions worked together to bring about the Ambrosian Republic in Milan. Nonetheless, the Republic collapsed when, in 1450, Milan was conquered by Francesco I of the House of Sforza , which made Milan one of the leading cities of the Italian Renaissance . Under the House of Sforza, Milan experienced a period of great prosperity, which in particular saw
16188-417: The population within the wider Milan metropolitan area (also known as Greater Milan) is estimated between 7.5 million and 8.2 million, making it by far the largest metropolitan area in Italy and one of the largest in the EU . Milan is the economic capital of Italy, one of the economic capitals of Europe and a global financial centre . Milan is a leading alpha global city, with strengths in
16330-550: The role of Managing Director and Country Manager in Italy. Donnet became CEO of the Generali Group in March 2016. In 2022, the general shareholders' meeting reappointed Donnet for a third term, During the same meeting, Andrea Sironi , an academic and president of Bocconi University , was elected president of the Group. The company continued its expansion efforts in June 2023, announcing the acquisition of Liberty Seguros ,
16472-677: The role of president, ushering in a phase of further international expansion for the company. By 1924, due in part to the division of the Austro-Hungarian Empire, Generali had established eight overseas management offices and had a presence in sixty branches and agencies across thirty countries. By 1935, it had expanded to include twenty-nine subsidiaries in Europe, four in the Americas, two in Africa, and one in Asia. During this time,
16614-548: The same services that ING offered. Axa then sued an ING Group subsidiary over alleged misrepresentations in the $ 1.5 billion sale stating it suffered "tens (if not hundreds) of millions of dollars in damages." In 1995 the Axa Group purchased a 51 per cent controlling interest in Australian life insurer, National Mutual It was rebranded Axa. In March 2011, Axa agreed to merge its Australian operations with AMP under
16756-502: The sea. During winter daily average temperatures can fall below freezing (0 °C [32 °F]) and accumulations of snow can occur: the historic average of Milan's area is 25 centimetres (10 in) in the period between 1961 and 1990, with a record of 90 centimetres (35 in) in January 1985. In the suburbs the average can reach 36 centimetres (14 in). The city receives on average seven days of snow per year. The city
16898-480: The seat of an elegant Renaissance court surrounded by a walled hunting park. Notable architects involved in the project included the Florentine Filarete , who was commissioned to build the high central entrance tower, and the military specialist Bartolomeo Gadio. The alliance between Francesco Sforza and Florence's Cosimo de' Medici bore to Milan Tuscan models of Renaissance architecture, apparent in
17040-557: The share capital, 65.13% of Assicurazioni Generali is owned by Italian investors. The Human Safety Net is the foundation established by Generali in 2017 with the mission to support disadvantaged individuals and communities. The foundation focuses on assisting people living in vulnerable conditions, providing them with opportunities for growth and progress. To fulfill its mission, The Human Safety Net collaborates with approximately 60 entities, including non-governmental organizations (NGOs) and social enterprises . Through these partnerships,
17182-437: The soil , causing Milan to be one of Europe's most polluted cities. Summers in Milan are hot and humidity levels are high with peak temperatures reaching above 35 °C (95 °F). Due to the high humidity, urban heat effect and lack of wind, nighttimes often remain muggy during the summer months. Usually the summer enjoys clearer skies with an average of more than 13 hours of daylight: when precipitation occurs though, it
17324-602: The spire), and the 209 m Allianz Tower , a 50-story tower. The largest parks in the central area of Milan are Sempione Park , at the north-western edge, and Montanelli Gardens , situated north-east of the city. English-style Sempione Park, built in 1890, contains the Civic Arena , the Civic Aquarium of Milan (which is the third oldest aquarium in Europe ), a steel lattice panoramic tower, an art exhibition centre,
17466-716: The symbol of Spanish bad rule and decadence and is considered one of the last outbreaks of the centuries-long pandemic of plague that began with the Black Death . In 1700, the Spanish line of Habsburgs was extinguished with the death of Charles II . After his death, the War of the Spanish Succession began in 1701. In 1706, the French were defeated in Ramillies and Turin and were forced to yield northern Italy to
17608-512: The training kits of the team. In 2020, the partnership was cemented further, when they purchased the naming rights to the club's newly built training centre , which became officially known as 'The AXA Training Centre.' In 2016, Axa Wealth was sold to the Phoenix Group . AXA Health sells private medical insurance in the UK and was known as AXA PPP Healthcare until 2020. It was previously
17750-529: The urban area of Milan is one of the 15 Metropolitan municipalities ( città metropolitane ), new administrative bodies fully operative since 1 January 2015. The new Metro municipalities, giving large urban areas the administrative powers of a province, are conceived for improving the performance of local administrations and to slash local spending by better co-ordinating the municipalities in providing basic services (including transport, school and social programs) and environment protection. In this policy framework,
17892-475: The world who speak more than 15 languages and is targeted at expatriates . Axa established a presence in Ireland in 1999 when it bought British-based Guardian Royal Exchange , which had previously acquired PMPA. PMPA, Private Motorists Protection Association, was at the time one of Ireland's biggest insurance companies. It is the third-largest general insurer in the Republic of Ireland. In August 2023, it
18034-548: The world's biggest in terms of revenue, visitors and growth. The city is served by many luxury hotels and is the fifth most starred in the world by Michelin Guide . It hosted the Universal Exposition in 1906 and 2015 . In the field of sports, Milan is home to two of Europe's most successful football teams, AC Milan and Inter Milan , and one of Europe's main basketball teams, Olimpia Milano . Milan will host
18176-405: The world. Milan is a major cultural centre, with museums and art galleries that include some of the most important collections in the world, such as major works by Leonardo da Vinci . It also hosts numerous educational institutions, academies and universities, with 11% of the national total of enrolled students. Founded around 590 BC under the name Medhelanon by a Celtic tribe belonging to
18318-514: Was Giuseppe Lazzaro Morpurgo . The adjective "Generali" ( "general" ) referred to the company's comprehensive insurance coverage across all the branches (fire, life, hail, sea, land and river transport). This approach was rare at the time when most Trieste insurance companies focused solely on maritime transport , except for the Azienda Assicuratrice, which also dealt with hail insurance. The "Austrian-Italian" label referred to
18460-452: Was aligned towards the heliacal rising of Antares , while the other towards the heliacal rising of Capella . The latter coincided with a Celtic spring festival celebrated on 24 March, while the heliacal rising of Antares corresponded with 11 November, which opened and closed the Celtic year and which coincided with the point where the Sun rose on the winter solstice . About two centuries after
18602-621: Was announced Axa had acquired the Little Island, Cork -headquartered health insurance company, Laya Healthcare for €650 million. Axa Canada marketed insurance in Quebec , Ontario , Western Canada and Atlantic Canada . In 2009 it had a total of approximately 2300 employees and 4000 brokers and advisors. The head office was in Montreal , Quebec. In 2011 it was sold to Intact Financial Corp. for C$ 2.6 billion. The American arm of Axa
18744-459: Was based on these early paths, and on the shape of the sanctuary, reached, in some cases, up to the 19th century and even beyond. For example, the route of the modern Corso Vittorio Emanuele, Piazza del Duomo , Piazza Cordusio and Via Broletto, which is curvilinear, could correspond to the south side of the ellipse of the ancient sanctuary of Medhelanon. One axis of the Medhelanon sanctuary
18886-498: Was chosen because its name can be pronounced easily by people who speak any language. After acquiring the Drouot Group in 1982, chairman and CEO Claude Bébéar hired an outside consultant to conduct a computer-aided search for a new name. Bébéar wanted a short and snappy name to convey vitality and could be pronounced the same way in every language, consistent with the group's desire for an international presence. Initially, "Elan"
19028-510: Was developed around a sanctuary , which was the oldest area of the village. The sanctuary, which consisted of a wooded area in the shape of an ellipse with a central clearing, was aligned according to precise astronomical points. For this reason, it was used for religious gatherings, especially in particular celebratory moments. The sanctuary of Medhelanon was an ellipse with axes of 443 m (1,453 ft) and 323 m (1,060 ft) located near Piazza della Scala . The urban planning profile
19170-569: Was often shrouded in thick cloud or fog during winter, although the removal of rice paddies from the southern neighbourhoods and the urban heat island effect have greatly reduced this occurrence since the turn of the 21st century. Occasionally, the Foehn winds cause the temperatures to rise unexpectedly: on 22 January 2012 the daily high reached 16 °C (61 °F) while on 22 February 2012 it reached 21 °C (70 °F). Air pollution levels rise significantly in wintertime when cold air clings to
19312-629: Was rapidly rebuilt, with the construction of several innovative and modernist skyscrapers, such as the Torre Velasca and the Pirelli Tower , that soon became the symbols of this new era of prosperity. The economic prosperity was, however, overshadowed in the late 1960s and early 1970s during the so-called Years of lead , when Milan witnessed an unprecedented wave of street violence, labour strikes and political terrorism . The apex of this period of turmoil occurred on 12 December 1969, when
19454-427: Was responsible for the significant renovations carried out in Milan during the 18th century. This urban and artistic renewal included the establishment of Teatro alla Scala , inaugurated in 1778, and the renovation of the Royal Palace . The late 1700s Palazzo Belgioioso by Giuseppe Piermarini and Royal Villa of Milan by Leopoldo Pollack , later the official residence of Austrian viceroys, are often regarded among
19596-477: Was shaken by the Bava Beccaris massacre , a riot related to soaring cost of living. Milan's northern location in Italy closer to Europe, secured also a leading role for the city on the political scene. It was in Milan that Benito Mussolini built his political and journalistic careers, and his fascist Blackshirts rallied for the first time in the city's Piazza San Sepolcro ; here the future Fascist dictator launched his March on Rome on 28 October 1922. During
19738-480: Was subsequently banned. In September 2013, Axa Wealth was fined £1.8 million by the FCA for failing to ensure it gave suitable investment advice to its customers. The regulator says it found "serious defects" in the way Axa advisers in Clydesdale Bank, Yorkshire Bank and the West Bromwich Building Society advised customers on investments. In 2018, they became the 'Official Global Insurance' partner of Premier League team Liverpool F.C. and in 2019, began sponsoring
19880-443: Was the second most powerful transnational corporation in terms of corporate control over global financial stability . In May 2016, the firm announced that it would stop investing in tobacco shares and bonds and allow its portfolio of tobacco-related bonds to run off. On 12 September 2018, Axa acquired XL Group Ltd., a Bermuda-based property and casualty commercial lines insurer and reinsurer, for $ 15.3 billion. In October 2019,
20022-456: Was the top choice, but Canadian executives balked because "elan" is the French word for a moose or elk. In 1985, Bébéar chose the name Axa. The company was founded in 1816 as Mutuelle de L'assurance contre L'incendie (the Ancienne Mutuelle). It acquired Compagnie Parisienne de Garantie in 1978 and became Mutuelles Unies. In 1982, it merged with the Drouot Group, owned by the Hottinguer family , becoming Mutuelles Unies/Drouot. The firm adopted
20164-445: Was under the guidance of managing director Gino Baroncini. The company faced significant challenges during World War II , including German and Yugoslav occupations and the subsequent British-American administration of the Free Territory of Trieste . Following this tumultuous period, Generali's branches in Eastern countries were expropriated under the presidencies of Antonio Cosulich (1943–1948) and Mario Abbiate (1948–1954), adding to
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