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Societa Cattolica di Assicurazione SpA

CASS.MI

Latest Trade

7.14EUR

Change

-0.02(-0.21%)

Volume

318,535

Today's Range

7.13

 - 

7.17

52 Week Range

3.84

 - 

7.26

As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay

Pricing

Previous Close
7.16
Open
7.13
Volume
318,535
3M AVG Volume
7.21
Today's High
7.17
Today's Low
7.13
52 Week High
7.26
52 Week Low
3.84
Shares Out (MIL)
254.36
Market Cap (MIL)
1,633.83
Forward P/E
14.45
Dividend (Yield %)
--

Next Event

Q3 2021 Societa Cattolica di Assicurazione SpA Earnings Release

Latest Developments

More

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

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About Societa Cattolica di Assicurazione SpA

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.

Industry

Insurance (Life)

Contact Info

Lungadige Cangrande, 16

37126

Italy

+39.045.8391111

https://www.cattolica.it/

Executive Leadership

Paolo Bedoni

Non-Executive Chairman of the Board

Carlo Ferraresi

Chief Executive Officer (Managing Director), General Manager, Executive Director

Barbara Blasevich

Non-Executive Deputy Chairman of the Board

Aldo Poli

Non-Executive Vice Deputy Chairman of the Board

Atanasio Pantarrotas

Group Chief Financial Officer, Deputy General Manager

Key Stats

3.00 mean rating - 3 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

6.1K

2019

7.9K

2020

5.2K

2021(E)

5.0K
EPS (EUR)

2018

0.640

2019

0.450

2020

0.210

2021(E)

0.495
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.32
Price To Book (MRQ)
0.64
Price To Cash Flow (TTM)
22.12
Total Debt To Equity (MRQ)
32.87
LT Debt To Equity (MRQ)
32.87
Return on Investment (TTM)
--
Return on Equity (TTM)
-0.04

Latest News

Latest News

Zurich looks to sell $243 million Italy life portfolio - sources

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.

Generali drops out from NN's asset manager sale - sources

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.

Italy's Cattolica delays 200 million euro cash call due to Generali bid

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 frontrunners to advise Cattolica in Generali bid - sources

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.

Generali expected to launch Cattolica bid by early October - source

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.

Generali does some timely pandemic shopping

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

European stocks fall from record but post fourth monthly gain

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.

Generali aims to cement home market leadership with $1.4 billion Cattolica bid

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.

Generali's board unanimously voted in favour of takeover bid for Cattolica - sources

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 Generali to launch takeover bid on rival Cattolica

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.

Italy's REVO SPAC aims to raise 200 mln euros for insurance deals

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 free to explore M&A opportunities after Cattolica settlement

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.

UPDATE 1-Insurer Generali may subscribe to rival Cattolica's cash call - report

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.

Italy's Cattolica lines up banks for cash call consortium - sources

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.

Banco BPM, Credit Agricole revise terms of Agos partnership

Italian lender Banco BPM has agreed with Credit Agricole a partial revision of the terms of their Agos consumer credit partnership in the country.

UPDATE 4-Banco BPM takes full ownership of insurance JV with Cattolica

* Cattolica challenges view, arbitration seen as a possibility

Banco BPM takes full ownership of insurance JV with Cattolica

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.

EXCLUSIVE-Italy's Banco BPM, BPER considering merger in first half 2021 -sources

* Deal could be shaped as a 'merger of equals' (Adds share reaction)

Exclusive: Italy's Banco BPM, BPER considering merger in first half 2021 - sources

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.

Italy's Cattolica sticks to 2020 targets ahead of Generali tie-up

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.

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