52 Week Range
As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Generali Gets Green Light From Insurance Regulator IVASS For Offer On Cattolica
Cattolica Assicurazioni H1 Net Profit Up At EUR 107 Mln
Cattolica Assicurazioni Says Consob Has Authorised Publication Of Prospectus For Admission To Listing On MTA Market
Societa Cattolica di Assicurazione Sc is an Italy-based company primarily engaged in financial sector. It provides insurance products. The Company’s activities are divided into three segments: Life, Non-Life and Other. It is active in the underwriting of life and non-life insurance, offering a range of insurance products and services to individual costumers and companies. The Company’s portfolio includes various types of insurance, such as life, accident, health, land vehicle, fire and natural forces, credit, surety, financial losses and legal protection, as well as pension funds, among others. The Other activities include the agricultural-real estate services of Cattolica Agricola and Cattolica Beni Immobili and the operating services of Cattolica Services and Cattolica Immobiliare, instrumental in the performance of the Company’s activities. On June 11, 2014, the Company bought a 100% stake in Fata Assicurazioni Danni SpA from Assicurazioni Generali SpA.
Lungadige Cangrande, 16
Non-Executive Chairman of the Board
Chief Executive Officer (Managing Director), General Manager, Executive Director
Non-Executive Deputy Chairman of the Board
Non-Executive Vice Deputy Chairman of the Board
Group Chief Financial Officer, Deputy General Manager
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Swiss insurer Zurich is looking to offload an Italian portfolio of life insurance policies with an equity value of around 200 million euros ($243 million), two people close to the matter said.
Italy's top insurer Assicurazioni Generali has dropped out of the race to buy the asset management arm of Dutch rival NN Group NV, two sources familiar with the matter told Reuters.
Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million) cash call to give its shareholders the chance to take up a buyout offer by bigger peer Assicurazioni Generali.
Goldman Sachs and KPMG are in the lead in a race for a mandate to advise Italian insurer Cattolica Assicurazioni regarding a takeover offer from Generali, three sources close to the matter said on Tuesday.
Italy's top insurer Generali is expected to launch its takeover bid for smaller rival Cattolica between late September and early October, a source close to the situation said on Tuesday, adding the buyout offer would end in November.
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
European stocks slipped from record highs on Monday in subdued trading due to holidays in major markets, but optimism over a swift economic recovery helped the STOXX 600 index mark its fourth straight month of gains.
Italy's biggest insurer Assicurazioni Generali on Monday said it would launch a 1.17 billion euro ($1.4 billion) buyout offer for smaller rival Cattolica to further strengthen its domestic market leadership.
The board of Generali unanimously approved the 1.17- billion-euro offer for Cattolica , two sources close to the matter said on Monday.
Italy's biggest insurer Assicurazioni Generali on Monday said it would launch a buyout offer on smaller rival Cattolica to further cement its domestic leadership.
Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special purpose acquisition company (SPAC) in Milan by the end of May to target opportunities in the insurance sector.
Banco BPM's accord with insurer Cattolica to resolve a dispute over their bancassurance partnership leaves Italy's third-biggest bank free to pursue potential mergers, while allowing Cattolica to press on with capital raising plans, industry analysts said.
Italian insurer Generali will look at the terms of capital increase plans of smaller rival Cattolica and will likely subscribe to it but only pro-rata, its Chief Executive Officer Philippe Donnet told la Repubblica on Friday.
Italian insurer Cattolica is in advanced talks with a group of banks to set up an underwriting consortium for a planned 200 million euro ($243 million) capital raising, three sources close to the matter said on Tuesday.
Italian lender Banco BPM has agreed with Credit Agricole a partial revision of the terms of their Agos consumer credit partnership in the country.
* Cattolica challenges view, arbitration seen as a possibility
Italy's Banco BPM said on Tuesday it would resolve an insurance partnership with Cattolica by acquiring full control of their joint-ventures, in a move that may ease a mooted tied up with BPER Banca.
* Deal could be shaped as a 'merger of equals' (Adds share reaction)
Italy's Banco BPM and BPER Banca are considering a possible merger with a view to reaching a deal in the first half of 2021, three sources familiar with the matter said.
Italian insurer Cattolica Assicurazioni stuck to its guidance for 2020 on Friday after reporting better than expected first-half operating profit boosted by lower motor claims during the COVID-19 lockdown.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.