(Alliance News) - Revo Insurance Spa has announced that the chairman of the board of statutory auditors, Alfredo Malguzzi, has resigned due to other professional commitments.

Malguzzi is not due any severance pay, and he does not hold shares in the company.

Revo Insurance's stock is unchanged at EUR8.27 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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