February 23, 2018 4:29 PM ET

Insurance

Company Overview of SACE S.p.A.

Company Overview

SACE S.p.A. provides a range of insurance and financial products and services in Italy and internationally. It offers credit insurance products, including BT 360° policy that insures global turnover against non-payment risks; BT Facile PMI policy, which insures trade receivables against the risk of non-payment; and BT export development, confirmation of letters of credit, buyer credit, supplier credit, and civil works policies. The company also provides surety bonds, such as guarantees for customs duties, tenders and contracts, and tax refunds; construction risks products, including contractor’s all risks, erection all risks, decennial liability, and accident insurance policies; factoring se...

Piazza Poli, 37/42

Rome, RM 00187

Italy

890 Employees

Phone:

39 06 67361

Fax:

39 066 736225

Key Executives for SACE S.p.A.

CEO, GM & Director
Age: 51
Chief Financial Officer and Head of the Financial Reporting Office
CEO & General Director of SIMEST
Head of African Business
Head of Mumbai Office
Compensation as of Fiscal Year 2017.

SACE S.p.A. Key Developments

SACE S.p.A. Presents at The Euromoney Iran Conference 2018, Feb-08-2018 02:50 PM

SACE S.p.A. Presents at The Euromoney Iran Conference 2018, Feb-08-2018 02:50 PM. Venue: Paris, France. Speakers: Alessandro Maria Decio, CEO, GM & Director.

SACE S.p.A. Presents at The Global Export Finance Conference, Sep-12-2017 through Sep-14-2017

SACE S.p.A. Presents at The Global Export Finance Conference, Sep-12-2017 through Sep-14-2017. Venue: Hotel Arts, Barcelona, Spain. Presentation Date & Speakers: Sep-12-2017, Alessandro Maria Decio, CEO, GM & Director. Sep-13-2017, Marco Ferioli, Head of Middle East & North Africa. Sep-14-2017, Federica Pocek, Relationship Manager, International Relations and Network, Marco Ferioli, Head of Middle East & North Africa.

SACE SpA Announces Consolidated Earnings Results for the First Half of Fiscal Year 2017

SACE SpA announced consolidated earnings results for the first half of fiscal year 2017. For the period, the company announced net profit amounts to EUR 147 million, dropped slightly compared to the same period of 2016 with an annualized ROE of 6.5%, slightly better than what forecasted in the Business Plan. Net consolidated profit, according to IFRS-IAS principles, amounts to EUR 229.8 million, rising from the EUR 102.9 million recorded in the first half of 2016. All the operating companies recorded positive results for the period, contributing EUR 9.8 million to consolidated net earnings.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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