Cattolica Assicurazioni
Cattolica Assicurazioni logo
|
|
|
Native name
|
Società Cattolica di Assicurazione S.C. |
|---|---|
|
Formerly called
|
Verona Cattolica Assicurazioni |
| Società Cooperativa | |
| Traded as | BIT: CASS |
| Industry | Financial services |
| Founded | 27 February 1896 |
| Headquarters | 16 Lungadige Cangrand, Verona, Italy |
|
Key people
|
|
| Brands | FATA Assicurazioni |
| Services | Life and non-life insurances |
| Profit |
 €60.914 million (2015) |
| Total assets |
 €24.043 billion (2015) |
| Total equity |
€1.912 billion (2015) |
| Website | Official website (in Italian) |
|
Footnotes / references in consolidated basis |
|
Società Cattolica di Assicurazione – Società Cooperativa known as Cattolica Assicurazioni is an Italian insurance company. According to Ricerche e Studi, a subsidiary of Mediobanca, the group had a €5,382,471,000 (in 2014 financial year) gross premiums written making it the 6th largest Italian insurance company, or the fifth excluding Allianz, a subsidiary of the German insurer. Research by PricewaterhouseCoopers, showed the insurer as being ranked 4th by market share in non-life insurance (6.4%), but not in the top 5 in life insurance.
The company is a component of FTSE Italia Mid Cap Index. The company has been listed on Borsa Italiana since November 2000.
Cattolica Assicurazioni was actively in bancassurance, which the insurer sold its products in banks. The insurer also bought part of the stake in the bank as part of the deal. Cattolica was a minority owner of Bancaperta (sold in 2002), Credito Artigiano (sold in 2002), Banca Mediterranea (sold in 2004),Banca di Cividale (sold in 2006),Banca di Valle Camonica (sold in 2015), Cassa di Risparmio di Fabriano e Cupramontana, Banca Lombarda e Piemontese, Banca Regionale Europea, Credito Bergamasco, Banca Popolare Sant'Angelo and Banca Popolare di Intra.
In 2000 Cattolica signed an agreement with Banca Popolare Sant'Angelo in bancassurance. In March 2002 the 6-year partnership with Credito Valtellinese (Creval) was terminated. Cattolica sold 5.56% stake of Bancaperta and 5% stake of Credito Artigiano to Creval, acquiring 5% stake of Risparmio & Previdenza and cash in return.
...
Wikipedia