Global reinsurer Swiss Re has today announced its link to the Italian company, Autostrade per I'Italia, which manages the stretch of motorway in Genoa on which a 50-year-old highway bridge collapsed earlier this week, causing nearly 40 fatalities.
Thousands of people gathered in Genoa on Saturday to mourn the victims of a dramatic bridge collapse that killed dozens of people earlier this week. But the official death toll has not yet been revised.
A Swiss Re spokeswoman told Reuters: "We are already working with and will continue supporting our client in managing the impact of this tragic event on the victims and their families". The prosecutor investigating the bridge collapse has criticised past management of Italy's infrastructure.
Meanwhile, Genoa's archbishop, Angelo Cardinal Bagnasco, led a funeral Mass before 19 coffins.
The Italian Ministry of Infrastructure and Transport announced the creation of an inspection commission to carry out technical checks and analysis in an investigation into the cause of the collapse.
Italy's president hugged and comforted mourners at a state funeral for many of those who died this week in the Genoa highway bridge collapse.
Saturday has been declared a national day of mourning in Italy and includes a state funeral at the industrial port city's fairgrounds for those who plunged to their deaths as the 45-metre Morandi Bridge gave way Tuesday.
After Saturday's state-run funeral, Autostrade held its first news conference since the tragedy.
Italian politicians, priests and dignitaries gathered yesterday at a solemn state funeral for victims of the bridge collapse in Genoa, as the death toll rose to 42 after the discovery of a family of three in a auto crushed under the rubble.
Family members embraced and prayed and placed photographs and flowers on the coffins of their loved ones.
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The Morandi Bridge still partially stands after a large section of it collapsed earlier this week on August 17, 2018 in Genoa, Italy.
Genoa's prefect's office said it didn't immediately have official confirmation of the media reports.
RAI state radio said authorities now believe there are no more missing in the bridge collapse after a German man called officials to say he wasn't involved in the disaster.
"Those responsible for the tragedy in Genoa have a name and a surname, and they're called Autostrade per l'Italia", Di Maio said in a Facebook post.
Autostrade would set aside around 500 million euros ($572 million) for disaster recovery, including funds for a new bridge and to help bereaved families and people who will have to leave their homes close to the viaduct for the reconstruction, Castellucci said.
The Morandi viaduct dates from the 1960s and was riddled with structural problems for decades, leading to expensive maintenance and severe criticism from engineering experts.
After the state funeral, new emergency funding worth 28.47 million euros (32.49 million US dollars) were approved to implement urgent interventions in the region.
The government, a coalition between the anti-establishment 5-Star Movement and the League, has started a procedure aimed at revoking concessions held by Autostrade to operate toll highways after the Genoa bridge collapse.
It denies scrimping on motorway maintenance, saying it has invested over one billion euros a year in "safety, maintenance and strengthening of the network" since 2012.