Società Cattolica di Assicurazione S.p.A.

CASS

IT0000784154

Societa Cattolica di Assicurazione : Cattolica enters exclusive negotiations with Banco BPM for a long term bancassurance partnership in life and non life

October 17, 2017 at 02:41 pm EDT

Società Cattolica di Assicurazione - Società Cooperativa

Sede in Verona, Lungadige Cangrande n.16

C.F. 00320160237 - Iscritta al Registro delle Imprese di Verona al n. 00320160237 Società iscritta all'Albo delle Società Cooperative al n. A100378

www.cattolica.it

PRESS RELEASE

CATTOLICA ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH BANCO BPM FOR A LONG TERM BANCASSURANCE PARTNERSHIP IN LIFE AND NON LIFE

Verona, October 17th, 2017. Today Cattolica Assicurazioni agreed to enter into exclusive negotiations with Banco BPM in relation to a bancassurance partnership agreement, that envisages the acquisition of a majority stake in Popolare Vita and Avipop Assicurazioni and the signing of long term agreement for the distribution of life and non-life products through the former Banco Popolare network.

The proposed transaction is subject to customary approvals, such as the signing of the legal documentation and regulatory clearance.

SOCIETÁ CATTOLICA DI ASSICURAZIONE

CONTACTS

Chief Financial Officer

Enrico Mattioli

Tel. +39 045 8391202

investor.relations@cattolicaassicurazioni.it

Società Cattolica di Assicurazione Soc. Coop. published this content on 17 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 October 2017 18:40:01 UTC.

Original documenthttp://www.cattolica.it/uploads/files/10/59e64c5c4721bI38OkjKvO6nGAq83pm5.pdf

Public permalinkhttp://www.publicnow.com/view/7A5B8AB6E1544A0CA4361EE2680F1ADEB2198966

Latest news about Società Cattolica di Assicurazione S.p.A.

Banco BPM S.p.A. completed the acquisition of Vera Vita S.p.A. and Vera Assicurazioni S.p.A. from Società Cattolica di Assicurazione S.p.A. for ?390 million.	Dec. 14	CI
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Italy's Generali to Buy Remaining Cattolica Shares	22-07-12	DJ
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Assicurazioni Generali S.p.A. (BIT:G) made an offer to acquire remaining 5.5 % stake in Societa Cattolica di Assicurazione S.p.A. for Ã‡84.7 million	22-07-05	CI
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Transcript : Società Cattolica di Assicurazione - Società Cooperativa, 2021 Earnings Call, Mar 15, 2022	22-03-15
Società Cattolica di Assicurazione S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-13	CI
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Transcript : Società Cattolica di Assicurazione - Società Cooperativa, Q3 2021 Earnings Call, Nov 17, 2021	21-11-17
Generali Now Controls 84% of Takeover Target Cattolica	21-11-04	DJ
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Company Profile

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.

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