Generali increases stake in Cattolica to 91.5%
Italian insurance major Generali has increased its stake in rival Società Cattolica di Assicurazione (Cattolica) via a reverse accelerated book-building (RABB) procedure.…
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MedVida eyes Italian insurance market via CNP Partners deal
Spanish insurance firm Mediterráneo Vida (MedVida) has signed a deal to acquire CNP Partners for an undisclosed sum. CNP Partners is the…
Italy’s Banco BPM seeks partners for insurance business
Italian bank Banco BPM is considering potential partnerships for its insurance business, reported Reuters citing the banks’ spokesperson. The move…
Crédit Agricole eyes controlling stake in Banco BPM’s insurance arm
French banking group Crédit Agricole is eying Banco BPM’s insurance business after acquiring a minority stake in the Italian bank, Bloomberg…
Banco BPM to acquire remaining stake in insurance JV with Covea
Italy’s Banco BPM has announced plans to take full control of its life insurance joint venture with French insurance major Covea. The…
AXA vying to buy Banco BPM’s $1.6bn insurance business
French insurance major AXA is in talks to acquire a majority stake in Banco BPM’s insurance operations, Bloomberg reported citing sources. The…
UNDP, Generali team up to develop insurance and risk finance solutions
Italian giant Generali has partnered with the United Nations Development Programme (UNDP) to help improve access to insurance and risk…
Howden buys Nord Est Insurance Broker and ASI in Italy
Insurance broker Howden has announced the acquisition of Italian peers Nord Est Insurance Broker and ASI for an undisclosed sum.…